The Phenomenon That Can Sometimes Be Seen near the Upper

question 28

Multiple Choice

The phenomenon that can sometimes be seen near the upper rim of a setting or rising Sun is called ____.

• A)sun pillar
• B)the glory
• C)a corona
• D)the green flash
• E)the Fata Morgana

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Definitions:

Endowed

Furnished or provided with a particular quality, ability, or asset.

Contract Curve

In an Edgeworth Box diagram, the locus of points representing the set of mutually beneficial allocations between two parties.

Edgeworth Box

A diagram used in microeconomics to show the distribution of resources between two consumers on a two-good world, demonstrating how trade can lead to Pareto improvements.

Utility Function

A mathematical representation that ranks individuals' preferences for bundles of goods or services, indicating levels of satisfaction.