Physiology True statement regarding the alveolar epithelial cells: A Gas exchange occurs the type II pneumocytes B Lamellar inclusion bodies are seen in type I pneumocytes C Type III pneumocytes act as chemoreceptors D Type II and type I exist in a ratio of 2:1 💡 Explanation True statement regarding the alveolar epithelial cells: ✓ Correct Answer: C. Type III pneumocytes act as chemoreceptors