What are emulsions ? What are their different types ? Give an example of each type ?

Explanation

### Step-by-Step Text Solution:

**Step 1: Definition of Emulsions**
Emulsions are a type of colloidal solution where both the dispersed phase and the dispersion medium are liquids. This means that in an emulsion, one liquid is dispersed in another liquid.

**Step 2: Components of Emulsions**
In an emulsion, we have:
- **Dispersed Phase (DP)**: This is the liquid that is present in smaller amounts.
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