The Earth Is 1

question 38

Multiple Choice

The Earth is 1.49 * 10¹¹ m from the Sun. If the solar radiation at the top of the Earth's atmosphere is 1340 W/m², what is the total power output of the Sun?

• A) 2.34 * 10³⁰ W
• B) 3.74 *10²⁶ W
• C) 6.62 *10²⁶ W
• D) 7.48 * 10²⁷ W

---

Definitions:

Equilibrium

Equilibrium refers to a state in which market supply and demand balance each other, and as a result, prices become stable.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specified time frame.

Strike Price

The specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Stock Beta

A measure of a stock's volatility in relation to the overall market; reflects the risk associated with a specific stock.