Describe Each Sequence Recursively $$a _ { n } = \text { the number of subsets of a set of size } n$$

question 149

Short Answer

describe each sequence recursively. Include initial conditions and assume that the
sequences begin with a1.
- $$a _ { n } = \text { the number of subsets of a set of size } n$$

Understand customer and supplier bargaining power within an industry.

Identify and evaluate the impact of substitutes on industry competition.

Understand the factors contributing to the profitability of different industries.

Comprehend the concept of economies of scale and network effects in market dynamics.