Lacteals

question 16

Multiple Choice

Lacteals

• A)are found only in the large intestine.
• B)absorb the products of fat digestion.
• C)secrete intestinal juice.
• D)connect directly to the liver.
• E)All of the choices are correct.

---

Definitions:

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor.

Competitive Equilibrium

A market state where supply equals demand, resulting in an efficient distribution of goods and services without excess.

Price Ceiling

A government-imposed limit on the price charged for a product, intended to protect consumers from high prices.

Marginal Cost

The additional cost incurred in producing one more unit of a good or service.