Use a Graphing Utility to Find the Sum of the Geometric

question 194

Multiple Choice

Use a graphing utility to find the sum of the geometric sequence. Round answer to two decimal places, if necessary.
- $4 + 12 + 36 + 108 + 324 + \cdots + 4 \cdot 3 ^ { 10 }$

• A) 354,292
• B) 354,294
• C) 354,329
• D) 354,272

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Definitions:

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm's production increases.

Diminishing Returns

A principle stating that as more of a variable input is added to a fixed input, beyond some point, the additional output from the additional input will decrease.

Marginal Cost

The financial outlay required to create another unit of a good or service.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the number of goods produced, essentially the per unit production cost.