The Probability of Earth Being Hit by a 10 Km

question 35

Multiple Choice

The probability of Earth being hit by a 10 km asteroid in the next few hundred million years is

• A) almost certain
• B) impossible to predict
• C) zero
• D) small but not zero

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Definitions:

Marginal Revenue Product

The additional revenue generated from using one more unit of a factor of production.

Marginal Product

The additional output gained by employing one more unit of input, holding the levels of other inputs constant.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource or factor of production.

Competitive Market

A market structure characterized by a large number of sellers and buyers, none of whom can influence the market price on their own.