The Best Determination of the Hubble Constant Using Cepheid Variables

question 1

Multiple Choice

The best determination of the Hubble constant using Cepheid variables found in distant galaxies by the Hubble telescope suggests

• A) that the Hubble constant is about 0.07 km/sec/Mpc.
• B) that the Hubble constant is about 7 km/sec/Mpc.
• C) that the Hubble constant is about 70 km/sec/Mpc.
• D) that the Hubble constant is about 700 km/sec/Mpc.

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Definitions:

Economic Profit

The differential between total receipts and overall disbursements, accounting for both direct and indirect expenditures.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition based on product differentiation as well as price.

Panel (A)

This term is ambiguous without context but usually refers to a specific subset or group within a broader survey or study, denoted as "A" for distinction.

Long-Run Equilibrium

A state in a market where, given sufficient time, all factors of production and costs are variable, allowing firms to enter or exit the market, and no economic profit is earned.