If There Around 10,000 Transmitting Civilizations in the Milky Way

question 36

Multiple Choice

If there around 10,000 transmitting civilizations in the Milky Way, then theoretically the Allen Telescope Array, when it is complete, might be capable of detecting a signal within a few

• A) years
• B) centuries
• C) months
• D) decades

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Definitions:

Market Price

The current price at which a good or service can be bought or sold, determined by the balance of supply and demand in the market.

Consumer Surplus

The differential in the total price consumers are interested and capable of paying for a product or service and the actual price paid.

Producer Surplus

The gap between the price sellers are ready to accept for a good and the actual price obtained.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved, leading to an underproduction or overproduction of that good or service.