If Wmₐttₑᵣ = 0

question 15

Multiple Choice

If Wmₐttₑᵣ = 0.5 today and there were no dark energy,the universe would:

• A) expand forever.
• B) slow its expansion but never reverse it.
• C) stop expanding and eventually collapse.
• D) oscillate between expansion and collapse.

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Definitions:

Fixed Cost

Costs that remain constant in total despite changes in the levels of production or output within a certain range.

Variable Cost

Expenses that vary directly with the level of production or sales volume.

Least-Squares Regression

An analytical technique that identifies the most suitable line by minimizing the sum of the squares of the gaps between the observed and estimated values.

Variable Cost

A cost that changes in proportion to the level of activity or volume of goods produced.