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What is the highest named number?
The largest number named by the English conventions (billion,etc) is the number centillion (10303 short scale). The numbers googol and googolplex denote numbers mostly usable only theoretically (10100 and 10googol). Mathematicians have created very large numbers for analysis purposes, which cannot be written out except as increasing series of powers of powers (power towers). A notable examples is Graham's Number (many times too large to be written in the observable universe).
How many heads can you have?
The law of large numbers infers you will have 50% heads.
Is googloplex the highest number so far?
No. Have a crack at "large numbers" in Wikipedia, and you'll find fascinating information. And of course there are things even bigger than numbers, such as the concept of infinity. Of which there may be several orders! named aleph null, aleph one and so on. All genuine and useful concepts. Do go to "Large Numbers'.
Why is scientific notation useful in economics?
Scientific notation is useful in economics to compute very large or very small numbers.
Is it easy to match the distances when they are in scientific notation?
Yes they are, if they are large numbers. You do not need to count how many digits there are.
