What Is a Vanishing Point

question 3

Multiple Choice

What is a vanishing point?

• A) the shading on an object used to imply depth
• B) the edges of a picture plane
• C) the point where orthogonals seem to converge
• D) any object whose existence is implied in a painting but which exists outside of the composition

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Definitions:

Shortage

A situation in which the demand for a product exceeds the supply available at a specific price.

Lemonade Market

A hypothetical or real market scenario used to illustrate the principles of supply and demand, usually involving the sale of lemonade.

Surplus

An excess of production or supply over demand, often leading to lower prices or wasted resources.

Shortage

In economics, a shortage occurs when the demand for a product or service exceeds its supply at a given price, often leading to increased prices and queuing.