The Moon Appears Larger When It Is at the Horizon

question 96

Multiple Choice

The moon appears larger when it is at the horizon than when it is higher in the sky because of

• A) magnification of light rays as they pass through the atmosphere.
• B) the fact that it really is more distant from the Earth at the horizon than when it is higher in the sky.
• C) bending of light rays as they pass through the atmosphere.
• D) an optical illusion.

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Definitions:

Market Price

The existing cost for purchasing or selling an asset or service on the open market.

Purely Competitive Market

A market structure characterized by many buyers and sellers, all of whom sell identical products, which results in the agents having no control over prices.

Economic Profit

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs.

Average Fixed Cost

Production costs that stay unchanged with output levels, split by the amount of produced output.