While Riding on a Train,David Notices That the Trees and Telephone

question 91

Multiple Choice

While riding on a train,David notices that the trees and telephone poles close to the tracks seem to flash by,while the buildings,trees,and mountains that are farther away seem to move by more slowly.This phenomenon is called_____________

• A)aerial perspective
• B)subliminal motion
• C)motion parallax
• D)motion differential

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Definitions:

Purely Competitive

A market structure characterized by many buyers and sellers, all selling identical products, with no single buyer or seller able to influence the market price.

Diminishing Marginal Returns

A principle stating that if one factor of production is increased while other factors are held constant, the additional output generated will eventually decrease, related to diminishing marginal utility but applied to production.

Short-Run Equilibrium

A condition in a market or economy where all forces are balanced, but only temporarily; prices and output may change until a long-run equilibrium is achieved.

Long-Run Equilibrium

A condition where an economy or market achieves a stable state after adjustments, where supply equals demand over an extended period.