A Value of N = 0

question 25

Multiple Choice

A value of N = 0.1 for the Drake equation signifies that:

• A) one out of every 10 solar systems in our galaxy harbors intelligent life
• B) one out of every 10 solar systems in our galaxy harbors life of some kind
• C) one out of every 10 galaxies in our universe harbors intelligent life
• D) one out of every 10 galaxies in our universe harbors life of some kind
• E) approximately one intelligent civilization in the universe is created every 10 billion years.

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Definitions:

Utility Function

A mathematical representation that attaches a level of utility (satisfaction) to each possible basket of goods, allowing the ranking of these baskets from least to most preferred.

Edgeworth Box

A diagram used in economics to show various distributions of resources and to analyze competitive equilibria between two agents with fixed resources.

Contract Curve

In microeconomics, it represents the set of optimal allocations of resources between two or more parties from an initial situation.

Pareto Optimal

A condition where resources are distributed in such a way that improving the situation of one person necessitates worsening the situation of another person.