Solution for problem 3 Chapter 3.4
Let Un) be the Fibonacci sequence of Example 3.I.2(d), and let xn := fn+,/fn. Given that
Introduction to Real Analysis | 3rd Edition
Let Un) be the Fibonacci sequence of Example 3.I.2(d), and let xn := fn+,/fn. Given that lim(x n)._=. L exists, determine the value of L.
PAM 2000 McDermott Spring 2016 Prelim 2 Study Guide Lecture and Discussion Notes LECTURE NOTES: Economics of PATENT LAW o pros: incentivizes innovation o cons: creates monopolies inefficient market o Stackelberg model and first mover advantage o alternative shorter patent life government projects (drug research) government grants/subsidies o pharmaceutical industry expensive to generate new drugs patent: get a monopoly for 20 years o cases A: with patent, unrestricted B: no patent C: with patent but with price regulation