Let F (X) = $2 x + 1$ On the Interval [ - 1,1]

question 87

Multiple Choice

Let f (x) = $2 x + 1$ on the interval [ - 1,1]. Let the interval be divided into four equal subintervals. Find the value of the Riemann sum $\sum _ { i = 1 } ^ { 4 } f \left( x _ { i } ^ { * } \right) \Delta x _ { i } \text { if } x _ { i } ^ { * }$ is the midpoint of its subinterval.

• A)1
• B)2
• C) \(- 2\)
• D)0
• E)6
• F)3
• G)4
• H) \(- 1\)

Discuss the implications of goods being either excludable or rival in consumption.

Understand the concept of the Tragedy of the Commons and its examples.

Grasp the significance of externalities and their analysis.

Understand the concepts of public goods, private goods, common resources, and the distinctions between them.

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