Which of the Following Is a Function of Sphincter Muscles

question 71

Multiple Choice

Which of the following is a function of sphincter muscles?

• A) Breaks apart food particles
• B) Controls passage of food through the GI tract
• C) Controls peristalsis
• D) Produces enzymes and hormones

Understand the concept of monopolies and how they differ from perfect competition.

Analyze the effects of monopolies on consumer surplus, producer surplus, and overall welfare.

Understand how monopolists determine production levels and pricing.

Evaluate the impact of patent protection on market competition.

---

Definitions:

Privately Held Corporation

A corporation that has only a few stockholders and whose stock is not available for sale to the general public.

Retained Earnings

The portion of a company's net income that is not distributed as dividends to shareholders but retained for reinvestment in the business or to pay off debt.

Paid-In Capital

The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.

Drawings

Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).