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Find the Sum of the Terms of the Infinite Geometric 1,12,14,1 , \frac { 1 } { 2 } , \frac { 1 } { 4 } , \cdots

question 160

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Find the sum of the terms of the infinite geometric sequence.
- 1,12,14,1 , \frac { 1 } { 2 } , \frac { 1 } { 4 } , \cdots

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Definitions:

Elastic

Describes a situation where the quantity demanded or supplied of a good or service is highly responsive to changes in its price.

Inelastic

Characterizes a situation where the demand for a product is not significantly affected by changes in price.

Elastic

Describes a situation in economics where the demand for a product or service significantly changes in response to a change in price.

Inelastic

A characteristic of goods or services for which demand does not significantly change with a change in price.

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