Determine Whether the Nonincreasing Sequence Converges or Diverges $$a _ { 1 } = 1 , a _ { n + 1 } = 4 a _ { n } - 7$$

question 293

Multiple Choice

Determine whether the nonincreasing sequence converges or diverges.
- $$a _ { 1 } = 1 , a _ { n + 1 } = 4 a _ { n } - 7$$

• A) Converges
• B) Diverges

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Understand the stages and theorists of child development.

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Definitions:

Equilibrium

When aggregate demand equals aggregate supply.

MC = MR

A principle in economics stating that profit maximization occurs when a firm's marginal cost (MC) equals its marginal revenue (MR).

Marginal Revenue

The additional income gained from selling one more unit of a good or service.

Marginal Revenue

The extra revenue earned by selling an additional unit of a product or service.