Write Out the Sum $$\sum _ { k = 1 } ^ { 5 } \frac { k + 1 } { k + 2 }$$

question 41

Multiple Choice

Write out the sum. Do not evaluate.
- $$\sum _ { k = 1 } ^ { 5 } \frac { k + 1 } { k + 2 }$$

• A) \(\frac { 1 } { 3 } + \frac { 2 } { 4 } + \frac { 3 } { 5 } + \frac { 4 } { 6 }\)
• B) \(\frac { 6 } { 7 }\)
• C) \(\frac { 2 } { 3 } + \frac { 3 } { 4 } + \frac { 4 } { 5 } + \frac { 5 } { 6 } + \frac { 6 } { 7 }\)
• D) \(\frac { 1 } { 2 } + \frac { 2 } { 3 } + \frac { 3 } { 4 } + \frac { 4 } { 5 } + \frac { 5 } { 6 }\)

Analyze how the law of diminishing marginal utility affects consumer choices and total satisfaction.

Understand how special pricing (such as sales or discounts) affects consumer surplus.

Interpret demand curves and calculate consumer surplus from graphical representations.

Demonstrate how utility theory applies to real-world decisions and consumption patterns.

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Definitions:

Native Americans

Indigenous peoples of the United States, including both those living within its borders and those who are members of sovereign tribal nations.

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The cessation of all biological functions that sustain a living organism, resulting in the end of life.

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A psychoactive substance found in drinks such as beer, wine, and spirits, known for its effects on mood, judgment, and coordination.

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A class of psychoactive drugs used primarily for treating anxiety, insomnia, and seizures, known for their sedative effects.