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Mitochondria are important as the only site of aerobic respiration in the cell.

Some respiration (glycolysis) takes place in the cytosol, yielding 2 molecules of ATP per glucose molecule respired, but this is anaerobic. The product is pyruvic acid (pyruvate), which may form either lactic acid (lactate) or ethanol depending on the organism and the conditions.

If the cell is respiring aerobically, pyruvate enters a mitochondrion, where it joins a metabolic pathway known as Krebs cycle, or the tricarboxylic acid cycle. At certain points along this pathway, and during the associated oxidative phosphorylation, energy is released in large enough packets for ATP synthesis.

There is no fixed yield of ATP in the mitochondria, as some factors vary, but the yield is more than 10 times as high as for glycolysis, and may be as high as 30 ATP molecules per original glucose molecule.

For more detail:

http://users.rcn.com/jkimball.ma.ultranet/BiologyPages/W/Welcome.html

then look under page M and scroll down to Mitochondrion [structure and functions],

and page P and scroll down to Photosynthesis [light reactions]

The mitochondria are also important because they contain DNA. This mitochondrial DNA (mtDNA) is inherited from the female parent.

Some of the 37 genes in the mtDNA may affect human health. For example, a mutated version of one of these genes may cause blindness.

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