Intro to Mathematical Economics

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Infinite Limit

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Intro to Mathematical Economics

Definition

An infinite limit refers to a situation where a function's value grows indefinitely as the input approaches a certain point. This concept highlights the behavior of functions near points of discontinuity or vertical asymptotes, where the output can either increase or decrease without bound. Understanding infinite limits is crucial in analyzing functions, particularly when discussing continuity and the overall behavior of graphs near critical points.

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5 Must Know Facts For Your Next Test

  1. An infinite limit can occur when the input approaches a finite number and the output becomes infinitely large (positive or negative).
  2. When determining if a limit is infinite, it's essential to examine the behavior of the function from both sides of the point in question.
  3. Graphically, infinite limits often correspond with vertical asymptotes, where the function shoots up or down without bound.
  4. Infinite limits help identify points of discontinuity, which are crucial for understanding the overall shape and behavior of functions.
  5. Mathematically, infinite limits can be expressed using notation like $$ ext{lim}_{x o c} f(x) = ext{infinity}$$ or $$ ext{lim}_{x o c} f(x) = - ext{infinity}$$.

Review Questions

  • How do infinite limits relate to the concept of continuity in functions?
    • Infinite limits are directly tied to continuity because they indicate points where a function cannot remain continuous. When a function approaches infinity as the input nears a certain value, it signifies a break in the function's behavior, leading to discontinuity. Thus, recognizing infinite limits allows us to pinpoint where functions are not smooth or seamless.
  • Discuss how infinite limits can indicate the presence of vertical asymptotes in graphs.
    • Infinite limits play a significant role in identifying vertical asymptotes because they describe what happens to the values of a function as it nears certain inputs. When evaluating a limit at a point and discovering that the function approaches infinity or negative infinity, it indicates that there is likely a vertical asymptote at that input. This observation helps to sketch accurate graphs and understand how functions behave near critical points.
  • Evaluate the importance of recognizing infinite limits when analyzing real-world scenarios modeled by functions.
    • Recognizing infinite limits is crucial when analyzing real-world situations since many models can behave unpredictably as variables approach critical values. For instance, in economics, an infinite limit may represent market saturation or extreme scarcity where prices skyrocket. Understanding these concepts allows for better predictions and interpretations of data in practical applications, ensuring accurate conclusions can be drawn from mathematical models.
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