Figure 5-19

question 243

Multiple Choice

Figure 5-19
-Refer to Figure 5-19. Which of the following statements is correct?

• A)Supply curve A is perfectly elastic.
• B)Supply curve B is perfectly inelastic.
• C)Supply curve C is more inelastic than supply curve D.
• D)Supply curve D is unit elastic.

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus that one can detect 50% of the time, a concept used in sensory and perception research.

Reliable Detection

The ability to consistently identify or recognize true occurrences of a specific event or condition.

Difference Threshold

The smallest amount of difference in intensity between two stimuli that a person can detect half the time.

Reliable Detection

The ability to consistently and accurately identify or recognize the presence of a specific stimulus or condition.