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2 years ago

What does the law of demand propose?

1 answer:

8 0

The law of demand states that other factors being constant (cetris peribus), price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall.

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Which character below does not belong with the rest? Moe, Chaplin, Curly, or Larry

klemol [59]

Chaplin doesn’t belong

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2 years ago

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How does your answer change if a large Brazilian company buys up all of the groves in central Florida, creating monopsony power

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My money rate will go down

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2 years ago

Explain in detail, how you solved the following problem: The first two terms of a sequence are 10 and 20. If each term after the

KIM [24]

Answer:

$T_{2020} = 15$

Explanation:

Given

$T_1 = 10$

$T_2 = 20$

Each term after the second term is the average of all of the preceding terms

Required:

Explain how to solve the 2020th term

Solve the 2020th term

Solving the 2020th term of a sequence using conventional method may be a little bit difficult but in questions like this, it's not.

The very first thing to do is to solve for the third term;

The value of the third term is the value of every other term after the second term of the sequence; So, what I'll do is that I'll assign the value of the third term to the 2020th term

This is proved as follows;

From the question, we have that "..... each term after the second term is the average of all of the preceding terms", in other words the MEAN

$T_{n} = \frac{\sum T{k}}{n-1} ; where: k = 1 .... n -1$

Assume n = 3

$T_{3} = \frac{T_1 + T_2}{2}$

Multiply both sides by 2

$2 * T_{3} = \frac{T_1 + T_2}{2} * 2$

$2T_{3} = T_1 + T_2$

Assume n = 4

$T_{4} = \frac{T_1 + T_2 + T_3}{3}$

$T_{4} = \frac{(T_1 + T_2) + T_3}{3}$

Substitute $2T_{3} = T_1 + T_2$

$T_{4} = \frac{2T_3 + T_3}{3}$

$T_{4} = \frac{3T_3}{3}$

$T_{4} = T_3$

Assume n = 5

$T_{5} = \frac{T_1 + T_2 + T_3 +T_4}{4}$

$T_{5} = \frac{(T_1 + T_2) + T_3 +(T_4)}{4}$

Substitute $2T_{3} = T_1 + T_2$ and $T_{4} = T_3$

$T_{5} = \frac{2T_3 + T_3 +T_3}{4}$

$T_{5} = \frac{4T_3}{4}$

$T_{5} = \frac{(5-1)T_3}{5-1}$

Replace 5 with n

$T_{n} = \frac{(n-1)T_3}{n-1}$

(n-1) will definitely cancel out (n-1); So, we're left with

$T_{n} = T_3$

Hence,

$T_{2020} = T_3$

Calculating $T_3$

$T_{3} = \frac{10 + 20}{2}$

$T_{3} = \frac{30}{2}$

$T_{3} = 15$

Recall that $T_{2020} = T_3$

$T_{2020} = 15$

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3 years ago

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ki77a [65]

Southern American accents sound like the stereotypical gay accent tbh. But the Northern American accents sound friendly although my mum thinks it's like german accent (assertive I supposed?) and my friend thinks it's loud and mouthful.

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2 years ago

Please answer seriously and stop giving me file links, thank you.

AlexFokin [52]

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Explanation:

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