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Find the Sum of the Infinite Geometric Series 96+24+6+32+96 + 24 + 6 + \frac { 3 } { 2 } + \ldots

question 32

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Find the sum of the infinite geometric series.
- 96+24+6+32+96 + 24 + 6 + \frac { 3 } { 2 } + \ldots


Definitions:

Regulated Natural Monopolies

Companies that operate in a market with no competition due to high infrastructure costs, but their prices and services are regulated by the government to protect consumers.

Public Utilities

Companies that provide essential services such as water, electricity, and telecommunications to the public, usually subject to government regulation.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operations and output increases.

Making a Profit

The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs associated with maintaining the operation.

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