Determine If Is Absolutely Convergent, Conditionally Convergent or Divergent

question 80

Multiple Choice

Determine if is absolutely convergent, conditionally convergent or divergent.

• A) absolutely convergent
• B) conditionally convergent
• C) divergent

---

Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual price they receive.

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive in the market.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, indicating the utility gained from the purchase.

Price Ceiling

A government-imposed limit on how high a price can be charged on a product or service.