If We Represent the Milky Way Galaxy as the Size

question 116

Multiple Choice

If we represent the Milky Way Galaxy as the size of a grapefruit, the distance to the Andromeda Galaxy would be about

• A) 3 cm.
• B) 3 m.
• C) 30 m.
• D) 3 km.
• E) 300 km.

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Definitions:

Demand and Supply Curves

Graphs used in economics to illustrate the relationship between how much of a good or service is desired by buyers (demand) and how much is available from suppliers (supply) at various prices.

Product Market

A market in which products are sold by firms and bought by households.

Equilibrium

A state in which market supply and demand balance each other, and, as a result, prices become stable.

Supply Curves

Graphical representations showing the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing to offer for sale.