Find the Sum Using the Formulas for the Sums of Powers

question 15

Multiple Choice

Find the sum using the formulas for the sums of powers of integers.
$$\sum _ { n = 1 } ^ { 12 } n ^ { 3 }$$

• A) 4356
• B) 12,168
• C) 1728
• D) 650
• E) 6084

---

Definitions:

Single-Price Monopolist

A monopolistic firm that offers its product or service at a single price to all its consumers, without price discrimination.

Price Discrimination

A pricing strategy where similar goods or services are sold at different prices to different groups of people.

Ethnic Group

A community or population made up of people who share a common cultural background, ancestry, or social experience.

Potential Competitors

Firms that are not currently in a market but have the capacity to enter if they choose.