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Business Calculus: Limits and Continuity (Section 1.1 Study Notes)

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Limits and Continuity

Introduction to Limits

In calculus, the limit of a function describes the behavior of the function as the variable approaches, but does not equal, a specified number. Limits are foundational for understanding derivatives and continuity.

  • Definition: The limit of f(x) as x approaches c is L if the values of f(x) get arbitrarily close to L as x gets close to c (but not equal to c).

  • Notation:

  • Key Point: The limit describes the behavior near a point, not necessarily the value at the point.

Difference Between Value and Limit

It is important to distinguish between the value of a function at a point and the limit of the function as it approaches that point.

  • Value at a Point: is the actual value of the function at x = c.

  • Limit at a Point: is the value that f(x) approaches as x gets close to c, but not equal to c.

  • Example: If , is undefined, but can exist.

Evaluating Limits Graphically and Numerically

Limits can be evaluated using graphs, tables, or algebraic manipulation.

  • Graphical Approach: Observe the behavior of f(x) as x approaches c from both sides.

  • Numerical Approach: Use tables to see how f(x) behaves as x gets closer to c from the left and right.

  • Algebraic Approach: Simplify the function, if possible, to evaluate the limit directly.

One-Sided Limits

Sometimes, the behavior of a function as x approaches c from the left is different from the right. These are called one-sided limits.

  • Left-Hand Limit:

  • Right-Hand Limit:

  • Example: If approaches different values from the left and right at x = c, the two-sided limit does not exist.

Definition of Left and Right Limits

The left and right limits are defined as follows:

  • Left Limit: is the value f(x) approaches as x gets close to c from the left.

  • Right Limit: is the value f(x) approaches as x gets close to c from the right.

  • If both limits are equal, the two-sided limit exists: .

  • If not, does not exist (D.N.E.).

Continuity

A function is continuous at a point if there are no breaks, jumps, or holes in its graph at that point. Formally:

  • Definition: f is continuous at x = a if and only if .

  • Three conditions for continuity at x = a:

    1. exists

    2. is defined

  • Types of Discontinuity:

    • Jump Discontinuity: The function jumps from one value to another.

    • Hole Discontinuity: The function is not defined at a point, but the limit exists.

Summary Table: Continuity at a Point

a

f(a)

lim f(x)

Continuous Yes/No

1

2

2

Yes

2

3

does not exist

No

3

2

2

Yes

4

undefined

2

No

Limit Laws

The following rules govern the mathematics of limits:

  • (if the limit exists)

  • (if denominator is not zero)

Example Problems

  • Evaluating Limits from Graphs: Use the graph to determine by observing the behavior as x approaches c.

  • Using Tables: Create a table of values for x approaching c from both sides to estimate the limit.

  • Algebraic Manipulation: Simplify the function to remove indeterminate forms and evaluate the limit.

  • Piecewise Functions: For functions defined by different formulas on different intervals, check limits from both sides and continuity at the boundary points.

Exercises

  • Find limits using graphs, tables, and algebraic methods.

  • Identify points of discontinuity in given functions.

  • Determine continuity of piecewise-defined functions.

Additional info:

  • These notes cover Section 1.1 of a Business Calculus textbook, focusing on limits and continuity, which are essential for understanding calculus in business applications.

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