What is dynamic range?
Dynamic range is basically the range of subject brightness values over
which a change in subject brightness will create a change in image
brightness. For digital cameras it is relatively simple. The
graph is fairly linear and there are clear limits to the sensitivity of the
imaging chip.

For film, however, it's a completely different ball game.
The graph is much more curved, having a typical "S-shape". At the
limits of sensitivity the rate of change decreases (the contrast lowers) and
the determination of the limits of change can become more subjective.

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