​Determine the Convergence or Divergence of the Following Series

question 73

Multiple Choice

​Determine the convergence or divergence of the following series. ​ ​

• A) ​diverges
• B) ​converges

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price.

Increase

A rise in the quantity, size, number, or degree of something.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing and able to purchase at any given price.

Expectations

The anticipations of consumers, firms, and others about future economic conditions, which can influence their decisions today.