I would like to check if my following understanding of the standard bounded metric from Topology written by James R. Munkres is correct or not:
The standard bounded metric is defined by Theorem 20.1 on the page 121 as follows:
Let $\mathbf X$ be a metric space with metric $\mathtt d$. Define $$\bar{d}(x,y) = \min\{d(x,y),1\}$$.
Then $\bar{d}$ is a metric called the standard bounded metric.
Based on the above conception, can we interpret $\bar{d}$as follows:
- If $d(x,y)<1$, then $\bar{d}=d(x,y)$, meaning we choose $d(x,y)$ not "1" in $\min\{d(x,y),1\}$ ?
- If $d(x,y)\ge1$, then $\bar{d}=1$, meaning we choose "1" not $d(x,y)$ in $\min\{d(x,y),1\}$ ?
- In any situation, $\bar{d}$ does not exceed the value one, meaning $\bar{d}\le1$ holds forever?