Two Cargo Boxes Fall Off a Train onto the Railway

question 55

Multiple Choice

Two cargo boxes fall off a train onto the railway track at a distance of 20 feet apart from one another. These two boxes are viewed together by Jim from a linear perspective. He interprets the tracks as two lines perpendicular to the line of sight and tilted symmetrically inward, rather than as two lines receding into the distance. According to the Ponzo illusion, which statement is MOST likely to be true?

• A) The box that is farther away from Jim will appear smaller in size than the box that is closer to him.
• B) The box that is closer to Jim will appear smaller in size than the box that is farther away from him.
• C) Both the boxes will appear to be of the same size to Jim.
• D) The box that is closer to Jim will appear bigger in size than the box that is farther away from him.

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Definitions:

Economic Rents

Earnings in excess of the minimum necessary to keep a factor of production in its current use, often associated with restricted supply or monopoly power.

Imperfectly Competitive

A market structure where individual firms have some control over the price of their products due to a lack of perfect competition.

Market Price

The current price at which a good or service is bought and sold in a marketplace, determined by supply and demand dynamics.

Unit Of Output

The measure of the quantity of a product or service produced by a firm, industry, or economic sector.