Final answer:
Exposure of the AP2 cargo binding site facilitates the formation of clathrin-coated pits, which is a critical step in receptor-mediated endocytosis for internalizing specific extracellular substances into the cell.
Step-by-step explanation:
Once the AP2 cargo binding site is exposed, it allows for the formation of clathrin-coated pits. This process is part of receptor-mediated endocytosis, where receptors bind to specific extracellular substances, and upon binding their ligands, cluster and invaginate to form a clathrin-coated vesicle. This is essential for the internalization of selected cargo into the cell. The clathrin-coated vesicles then undergo a series of processes where they shed their clathrin coat and eventually fuse with early endosomes for sorting and distribution within the cell.