If a Supply Curve Is a Horizontal Line, Supply Is

question 226

Multiple Choice

If a supply curve is a horizontal line, supply is said to be

• A)perfectly inelastic.
• B)unit elastic.
• C)inelastic.
• D)perfectly elastic.

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Definitions:

Accommodation

In psychology, it refers to the process by which individuals adjust their schemas or understanding in response to new information; in ophthalmology, it's the eye's ability to change its focus to see objects at different distances.

Binocular Depth

The ability to perceive the world in three dimensions and judge the distance of objects, thanks to the different visual images each eye perceives.

Linear Perspective

A depth cue that involves parallel lines converging as they recede into the distance, helping the brain perceive depth in a two-dimensional image.

Monocular Depth

Visual cues that allow a person to judge depth and the distance of an object using one eye.