If the Speed of Light Is 3 * 10⁵ Km/s

question 83

Multiple Choice

If the speed of light is 3 * 10⁵ km/s and 1 km = 0.62 miles, what is the speed of light in miles/hr?

• A) 670 million miles/hr
• B) 670 thousand miles/hr
• C) 186 miles/hr
• D) 186 thousand miles/hr
• E) 3.2 billion miles/hr

Understand the role and types of intermediaries in distribution channels.

Learn about the operational and financial implications of leasing versus owning business premises.

Recognize legal requirements affecting location decisions, including accessibility and zoning laws.

Acknowledge the influence of urban economic conditions on business success.

---

Definitions:

Total Variable Costs

The sum of expenses that change directly with the level of output or production volume.

Average Fixed Cost

The total fixed costs of production divided by the number of units produced, indicating cost per unit.

Average Total Costs (ATC)

The total cost of production (fixed plus variable costs) divided by the total quantity of output produced.

Total Fixed Costs

The sum of all costs that remain constant regardless of the level of production or sales volume.