Simplify the Power of I $\mathrm { i } ^ { 71 }$

question 350

Multiple Choice

Simplify the power of i.
- $\mathrm { i } ^ { 71 }$

• A) \(- \mathrm { i }\)
• B) -1
• C) \(\mathrm { i }\)
• D) 1

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Definitions:

Elastic Portion

The segment of a demand curve where a change in price leads to a more than proportional change in the quantity demanded, indicating high price sensitivity.

Linear Demand

A type of demand where there is a constant relationship between the quantity demanded and price, represented by a straight line on a graph.

Price Inelastic

A situation in which the demand for a good does not change significantly in response to a change in price, indicating that consumers are less sensitive to price changes.

Linear

A term used to describe something that forms a straight line or a process that proceeds in steps of equal increments.