Write an Expression for the Apparent Nth Term of the Sequence.(Assume

question 64

Multiple Choice

Write an expression for the apparent nth term of the sequence.(Assume that n begins with 1. ) $5 - \frac { 2 } { 1 } , 5 - \frac { 2 } { 2 } , 5 - \frac { 2 } { 3 } , 5 - \frac { 2 } { 4 } , 5 - \frac { 2 } { 5 }$ ,

• A) \(a _ { n } = 5 - \frac { 2 } { n + 1 }\)
• B) \[a _ { n } = 2 - \frac { n } { 5 }\]
• C) \[a _ { n } = 5 - \frac { n } { 2 }\]
• D) \(a _ { n } = 2 - \frac { 5 } { n }\)
• E) \(a _ { n } = 5 - \frac { 2 } { n }\)

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Definitions:

Marginal Revenue

is the additional revenue that a company gains from selling one more unit of a good or service.

Total Revenue

The aggregate income a company receives from its selling activities, calculated by multiplying the price of goods by the number of units sold.

Willingness to Pay

Willingness to pay is the highest price a consumer is prepared to spend on a good or service, reflecting the perceived value or utility.

Antitrust Laws

Legislation intended to promote competition and prevent monopolies by regulating anti-competitive practices among businesses.