Find the Nth Term {An} of the Geometric Sequence

question 172

Multiple Choice

Find the nth term {an} of the geometric sequence. When given, r is the common ratio.
-a = -2; r = -6

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Definitions:

Rationing Function

The ability of market prices to allocate scarce resources among competing uses, ensuring that only those willing and able to pay the price can obtain the good or service.

Equilibrium Economic Rent

The additional income received by a factor of production, due to its scarcity or unique value, when the market is in equilibrium.

Farmland

Land dedicated to agricultural practices including the cultivation of crops and raising livestock, a critical resource for food production.

Incentive Function

The role of incentives or rewards in influencing individuals' or entities' behavior towards achieving certain goals or outcomes.