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Use Simpson's Rule With n=4\mathrm { n } = 4 To Estimate the Length of the Arc of the Curve

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Use Simpson's Rule with n=4\mathrm { n } = 4 to estimate the length of the arc of the curve with equations x=t,y=4t,z=t2+1x = \sqrt { t } , y = \frac { 4 } { t } , z = t ^ { 2 } + 1 , from (1,4,2) ( 1,4,2 ) to (2,1,17) ( 2,1,17 ) . Round your answer to four decimal places.

Understand the income elasticity of demand and how it differs from price elasticity.
Learn to distinguish between short-run and long-run elasticities and their implications.
Understand how changes in supply affect market equilibrium and total expenditures.
Assess the implications of elasticity on taxation and government policy.

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