If Happy Cleaners and Sparkle Cleaners Are in a Cournot

question 2

Multiple Choice

If Happy Cleaners and Sparkle Cleaners are in a Cournot oligopoly and Happy Cleaners has a higher cost of production than Sparkle Cleaners, in equilibrium, Happy Cleaners will produce than Sparkle Cleaners and earn an economic profit that is Sparkle Cleaners.

• A)more; less than
• B)less; the same as
• C)more; the same as
• D)less; less than

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Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the smooth muscles, heart, and glands.

Somatic Motor System

A part of the nervous system that is responsible for the voluntary movement of muscles, involving motor neurons that connect the central nervous system to muscle fibers.

Autonomic Ganglion

A cluster of nerve cell bodies in the autonomic nervous system located outside the central nervous system, which acts as relay points for autonomic signals.

Autonomic Reflex Arc

A pathway that involves the autonomic nervous system, controlling involuntary functions of the body.