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If a quasar has a recessional velocity of 2.7 × 105 km/s and is determined to be 3600 Mpc, what is the Hubble constant based on this quasar alone? Hint: Note that the units of your result should be (km/s) /Mpc to see what arithmetic process you need to perform.
Normal Good
A good for which demand increases when consumer income rises, and decreases when consumer income falls.
Income Effect
The change in an individual's or economy's income and how that change affects the quantity demanded of a good or service.
Substitution Effect
The change in consumption patterns due to a change in relative prices, holding the consumer's overall utility constant.
Income Effect
The Income Effect describes how changes in an individual's income affect their purchasing capacity and thus their demand for goods and services.
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