The properties of limits can be used to perform operations on the limits of functions rather than the functions themselves. See
[link] .
The limit of a polynomial function can be found by finding the sum of the limits of the individual terms. See
[link] and
[link] .
The limit of a function that has been raised to a power equals the same power of the limit of the function. Another method is direct substitution. See
[link] .
The limit of the root of a function equals the corresponding root of the limit of the function.
One way to find the limit of a function expressed as a quotient is to write the quotient in factored form and simplify. See
[link] .
Another method of finding the limit of a complex fraction is to find the LCD. See
[link] .
A limit containing a function containing a root may be evaluated using a conjugate. See
[link] .
The limits of some functions expressed as quotients can be found by factoring. See
[link] .
One way to evaluate the limit of a quotient containing absolute values is by using numeric evidence. Setting it up piecewise can also be useful. See
[link] .
Section exercises
Verbal
Give an example of a type of function
whose limit, as
approaches
is
If
is a polynomial function, the limit of a polynomial function as
approaches
will always be
When direct substitution is used to evaluate the limit of a rational function as
approaches
and the result is
does this mean that the limit of
does not exist?
What does it mean to say the limit of
as
approaches
is undefined?
It could mean either (1) the values of the function increase or decrease without bound as
approaches
or (2) the left and right-hand limits are not equal.
The amount of money in an account after
years compounded continuously at 4.25% interest is given by the formula
where
is the initial amount invested. Find the average rate of change of the balance of the account from
year to
years if the initial amount invested is $1,000.00.
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
When MP₁ becomes negative, TP start to decline.
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Economic growth as an increase in the production and consumption of goods and services within an economy.but
Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has
The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50.
A,Calculate quantities of x and y which maximize utility.
B,Calculate value of Lagrange multiplier.
C,Calculate quantities of X and Y consumed with a given price.
D,alculate optimum level of output .
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product