The Average Distance from Earth to the Sun Is 150

question 23

Multiple Choice

The average distance from Earth to the Sun is 150 megameters. What is that distance in meters?

• A) 1.5 × 10⁸ m
• B) 1.5 × 10⁶ m
• C) 1.5 × 105 m
• D) 1.5 × 10³ m
• E) 1.5 × 10^-6 m

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Definitions:

Marginal Revenue

The change in total revenue that results from the sale of 1 additional unit of a firm’s product; equal to the change in total revenue divided by the change in the quantity of the product sold.

Monopolistically Competitive

A market structure in which many companies sell products that are similar but not identical.

Product Differentiation

The marketing process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.

Demand Curve

A graph representing the relationship between the price of a good and the quantity demanded by consumers.