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If the Density of the Universe Is Equal to the Critical

question 55

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If the density of the universe is equal to the critical density, and H equals 50 km/s/Mpc, then the true age of the Universe is 13.3 billion years.


Definitions:

Selling Price

The amount of money charged for a product or service, typically set to cover costs and generate profit.

Absorption Costing

This accounting technique aggregates the total manufacturing costs—direct materials, direct labor, and both variable and fixed overheads—into the calculation of a product’s price.

Cost-plus Pricing

A pricing strategy where a fixed percentage or a fixed amount is added to the cost price to determine the selling price.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of investment.

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