The Number of Miles That Light Travels in One Year

question 130

Multiple Choice

The number of miles that light travels in one year is called a light-year. One light-year is equal to miles. A certain star is 37 light-years away from the earth. How far is this in miles?
Round to 5 significant digits if necessary.

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a product and what they actually receive, often visualized as the area above the supply curve and below the equilibrium price.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, often reflecting profits above minimum costs.

Supply Curve

A graphical representation of the relationship between the price of a good and the amount of it that suppliers are willing to sell.

Sellers Receive

The amount or proceeds that sellers get from selling goods or services in the market.