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Converges, and If So Find Its Limit

question 36

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converges, and if so find its limit. Use the following fact: if converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  , then converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  .
Ans: converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  is increasing with upper bound, hence converging. converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to
-Let converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  be defined recursively by converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  , converges, and if so find its limit. Use the following fact: if   , then   . Ans:   is increasing with upper bound, hence converging.   -Let   be defined recursively by   ,   Which of the following statements holds? A)    is decreasing and converging to   B)    is decreasing to   C)    is increasing and converging to   D)    is decreasing and converging to   E)    is increasing to  Which of the following statements holds?


Definitions:

Competitive Market

A market structure characterized by numerous buyers and sellers, such that no single market participant has the power to significantly influence prices.

Market Price

The current price at which a good or service can be bought or sold.

Total Revenue

The total income generated by the sale of goods or services by a company.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single participant has significant power to dictate the price of goods and services.

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