________ Is a Condition in Which One Lacks the Enzyme

question 53

Multiple Choice

________ is a condition in which one lacks the enzyme lactase. Symptoms include gas and bloating after consuming dairy products.

• A) Milk allergy
• B) Celiac disease
• C) Lactose intolerance
• D) Galactosemia

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Definitions:

Marginal Revenue Product

the additional revenue generated from using one more unit of a factor of production.

Marginal Revenue Product

The extra income created from using another unit of an element like labor or capital.

Variable Input

Refers to inputs whose quantity can vary in production, affecting the total output.

Diminishing Returns

Diminishing Returns is an economic principle stating that as more investment is made in a particular area, the rate of profit from that investment, after a certain point, begins to decrease.