Which of the Following Statements About Rods and Cones Is

question 426

Multiple Choice

Which of the following statements about rods and cones is true?

• A) Rods are less sensitive than cones.
• B) Cones are sensitive to colour and rods are not.
• C) Cones are used for night vision and rods for daylight vision.
• D) There are more cones than rods in the retina.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.

Income Elasticity

A measure of how much the demand for a product or service changes relative to a change in consumers' income.

Total Revenue

The total income a firm receives from the sale of its goods or services before any costs or expenses are subtracted.

Least Elastic

Refers to the degree of responsiveness or sensitivity of demand or supply to changes in prices, with the least elastic being the least responsive.