Find the Common Ratio for the Geometric Sequence

question 69

Multiple Choice

Find the common ratio for the geometric sequence.
-1, 3, 9, 27, 81, . . .

• A) 3
• B) 2
• C) 1
• D) not geometric 3

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Definitions:

Maximizing Profits

The process of adjusting production and operations to achieve the highest possible profit margins under given market conditions.

Marginal Decision Rule

A principle stating that an action should be taken if, and only if, the marginal benefit exceeds the marginal cost.

Profit-Maximizing

The strategy or procedure for altering sales and production to attain the greatest possible earnings.

Market Price

The amount of money for which a good or service is offered, sold, or bought in the market.