Find the Common Ratio R for the Given Infinite Geometric $- 4$

question 248

Multiple Choice

Find the common ratio r for the given infinite geometric sequence.
-4, 16, 64, 256, 1024, . . .

• A) 4
• B) \(- 4\)
• C) 16
• D) \(\frac { 1 } { 4 }\)

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Definitions:

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with its demand either being elastic or inelastic.

Total Revenue

Total financial gains received by a firm from its commercial sales and service operations throughout a defined period.

Elastic

A characteristic of a supply or demand curve that describes how much the quantity supplied or demanded responds to changes in price.

Unit Elastic

A situation when a change in price leads to an equal proportional change in quantity demanded or supplied.