Write Terms of a Geometric Sequence
- $$a _ { n } = 2 a _ { n } - 1 ; a _ { 1 } = 4$$

question 266

Multiple Choice

Write Terms of a Geometric Sequence
- $$a _ { n } = 2 a _ { n } - 1 ; a _ { 1 } = 4$$

• A) \(4,8,16,32,64\)
• B) \(8,16,32,64,128\)
• C) \(2,8,16,32,64\)
• D) \(4,6,8,10,12\)

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Definitions:

Marginal Revenue

The additional revenue that will be generated by increasing product sales by one unit.

Output

Output refers to the quantity of goods or services produced by a company, industry, or economy within a certain period.

Nondiscriminating Monopolist

A monopolist that charges the same price to all consumers for its product, regardless of demand differences.

Elastic

Refers to the responsiveness of the demand or supply of a good or service to changes in its price.