Which One of the Following Is a Simple Lipid

question 16

Multiple Choice

Which one of the following is a simple lipid?

• A)steroids
• B)triglycerides
• C)phoshpholipids
• D)waxes
• E)oils

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Definitions:

Maximizing Profit

The procedure a business uses to establish the optimal price and amount of production for the highest profit.

Total Profit

The total financial gain generated from a business activity after subtracting all expenses and costs associated with producing and selling goods or services.

Break-Even Point

The financial point at which the costs of producing and selling a product equal the revenue made from selling the product, resulting in neither profit nor loss.

Market Supply

The total amount of a specific good or service that is available to consumers in a market at all possible prices.