Computing with power series Consider the following function and its power series: a. Let Sn (x) be the first n terms of the series. With n = 5 and n = 10, graph f(x) and Sn(x) at the sample points a = ?0.9, ?0.8,…?0.1.0. 0.1,…0.8. 0.9 (two graphs). Where is the difference in the graphs the greatest?________________b. What value of n is needed to guarantee that |f(x) ? Sn (x)|< 0.01 at all of the sample points?
2/13/15 Principles of Micro-Economics Notes: Supply and Demand (Valentines Edition) Demand The Law of Demand: as price increases, quantity demand falls. LIKEWISE, as price decreases, quantity demand increases. (With Ceteris Paribus: all other variables held constant) Quantity Demand: total amount of goods and services that are demanded and is determined at any given point along the demand curve. (Price v. Quantity graph) Example 1: During Valentines Weekend, prices in plane tickets increase because of all the long distance couples want to see each other. Therefore, single people who just want to travel or go on vacation, are more likely to choose the less expensive