The Internal Surface of the Folds into Finger- Like Projections

question 44

Short Answer

The internal surface of the folds into finger- like projections called villi in order to increase the surfa area for absorption.

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Definitions:

Elastic Demand

A scenario in which there's a notable shift in the demand for a product or service due to a variation in its price.

Total Revenue

The entire amount of income generated by the sale of goods or services before any costs or expenses are deducted.

Output

The total amount of goods or services produced by a firm, industry, or economy in a given period.

Monopolist

A monopolist is a single seller in a market who has significant control over the supply of a product or service, and thus can influence prices and market conditions.