Which of the Following Statements Is Correct?​

question 7

Multiple Choice

Which of the following statements is correct?​

• A)​For a nearsighted person,the near point is always located closer than 25 cm from the eye and the corrective lens is diverging.
• B)​For a nearsighted person,the near point is always located closer than infinity from the eye and the corrective lens is converging.
• C)​For a farsighted person,the near point is always located farther than 1 m from the eye and the corrective lens is diverging.
• D)​For a farsighted person,the near point is always located farther than 25 cm from the eye and the corrective lens is converging.

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Definitions:

Competitive Pure Exchange Economy

An economic model where agents trade existing goods without the production of new goods, guided purely by their own self-interest to find an equilibrium.

Contract Curve

In economics, a curve that shows the efficient allocations of goods or services that benefit two parties in an exchange, assuming no externalities.

Utility Function

A mathematical representation of how different combinations of goods or services produce levels of happiness or satisfaction for an individual or entity.

Pareto Optimal

A state of allocation of resources in which it is impossible to make any individual better off without making at least one individual worse off, indicating an efficient distribution of goods and resources.