Use the Following Two Statements to Answer This Question: I

question 39

Multiple Choice

Use the following two statements to answer this question: I. A market is a collection of buyers and sellers that, through actual or potential interactions, determine the price for a product or set of products.
II) An industry is a collection of markets for similar or closely related products.

• A) Both I and II are true.
• B) I is true, and II is false.
• C) I is false, and II is true.
• D) Both I and II are false.

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Definitions:

Sympathetic Effects

Responses or alterations in the body functions that are stimulated by the sympathetic nervous system, part of the autonomic nervous system that controls "fight or flight" reactions.

Parasympathetic Effects

Physiological actions resulting from the activation of the parasympathetic nervous system, including a decrease in heart rate and the promotion of digestion.

ANS

Autonomic Nervous System, a part of the nervous system that controls involuntary bodily functions, such as heart rate, digestion, and respiratory rate.

Sympathetic Division

Part of the autonomic nervous system that prepares the body for 'fight or flight' responses, increasing heart rate and blood pressure among other effects.