Use the Formula for the General Term (The Nth Term) $\text { Find a9 when } \mathrm{a}_{1}=50,000, \mathrm{r}=0.1$

question 212

Multiple Choice

Use the formula for the general term (the nth term) of a geometric sequence to find the indicated term of the sequence
with the given first term, a1, and common ratio, r.
- $\text { Find a9 when } \mathrm{a}_{1}=50,000, \mathrm{r}=0.1$

• A) 0.00005
• B) 0.0005
• C) 50,000.8
• D) 0.000005

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Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, as the fixed costs are spread over more units of production.

Diseconomies of Scale

This occurs when a company grows so large that the costs per unit increase.

Levels of Output

Levels of output refer to the quantity of goods or services produced by a firm or industry over a specific period.

Economies of Scale

The cost advantages that enterpises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.