Mars Is About 1

question 45

Multiple Choice

Mars is about 1.5 times as far from the sun as the earth and its mass is about 0.1 times the earth's mass. Relative to the gravitational force the sun exerts on the earth, the force it exerts on Mars is about

• A) 0.0044 as much.
• B) 0.0067 as much.
• C) 0.044 as much.
• D) 0.067 as much.

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Definitions:

Monopoly Firms

Companies that are the sole provider of a product or service in a market, leading to a lack of competition.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

Monopolistic Competition

refers to a market structure where many firms sell products that are similar but not identical, each having some control over its price.

Product Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.