Intro to Mathematical Economics

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One-Sided Limit

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Intro to Mathematical Economics

Definition

A one-sided limit refers to the value that a function approaches as the input approaches a specific point from either the left or the right side. This concept is crucial for understanding how functions behave at particular points, especially when dealing with discontinuities or points of non-definition. One-sided limits help in determining overall limits and continuity of functions by providing insight into their behavior as they near critical points.

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5 Must Know Facts For Your Next Test

  1. One-sided limits are denoted as $$ ext{lim}_{x o c^-} f(x)$$ for the left-hand limit and $$ ext{lim}_{x o c^+} f(x)$$ for the right-hand limit.
  2. A one-sided limit may exist even if the overall limit does not; this typically occurs in functions with jumps or removable discontinuities.
  3. If both one-sided limits exist and are equal, then the overall limit at that point exists and is equal to that common value.
  4. One-sided limits are particularly useful for analyzing piecewise functions, where different rules apply in different intervals.
  5. Graphically, one-sided limits can be interpreted by observing the behavior of the function as it approaches the specific point from one direction.

Review Questions

  • How do one-sided limits help in understanding the continuity of a function?
    • One-sided limits provide insights into how a function behaves as it approaches a particular point from either the left or right side. If both one-sided limits exist and are equal at that point, it indicates that the function is continuous there. Conversely, if one-sided limits differ, it suggests a discontinuity, thus helping identify whether a function is continuous or not at specific points.
  • Compare and contrast one-sided limits with overall limits. What significance does this distinction hold for evaluating functions?
    • One-sided limits focus on the behavior of a function as it approaches a certain point from one direction, while an overall limit considers both sides simultaneously. The distinction is important because it reveals information about potential discontinuities. For instance, if only one side approaches a value, it indicates that the overall limit does not exist even if one-sided limits do exist. Understanding this helps analyze functions more thoroughly.
  • Evaluate how understanding one-sided limits can affect solving real-world problems involving piecewise functions.
    • In real-world applications where piecewise functions model scenarios like pricing strategies or physical systems, grasping one-sided limits allows for accurate predictions of behavior at critical thresholds. For example, knowing how a function behaves just before and after a certain price point can inform business decisions or optimize outcomes in engineering designs. This analytical approach ensures a more comprehensive understanding of how variables interact at pivotal moments.
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