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Business Mathematics and Statistics · Ch 5 — Differential Calculus (Functions & Graphs, Limits & Derivatives, Differentiation Techniques)

The Idea of a Limit

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The Idea of a Limit

The whole of differential calculus rests on one idea: the limit. Informally, we ask: as xx gets closer and closer to some fixed value aa (without necessarily ever equalling aa), what value does f(x)f(x) get closer and closer to?

We write this as

lim⁡x→af(x)=L\lim_{x \to a} f(x) = L

and read it as 'the limit of f(x)f(x) as xx tends to aa is LL'. Crucially, this statement says nothing about the value of ff at x=ax=a — f(a)f(a) might not even be defined — it only describes the behaviour of f(x)f(x) for xx near aa.

To make 'near aa' precise, we distinguish approaching from the left and from the right:

  • The left-hand limit, written lim⁡x→a−f(x)\lim_{x \to a^-} f(x), is the value f(x)f(x) approaches as xx increases toward aa from values less than aa.
  • The right-hand limit, written lim⁡x→a+f(x)\lim_{x \to a^+} f(x), is the value f(x)f(x) approaches as xx decreases toward aa from values greater than aa.

The (two-sided) limit lim⁡x→af(x)\lim_{x\to a} f(x) exists if and only if the left-hand and right-hand limits both exist and are equal; their common value is then the limit. …

Definition 1Limit of a Function

lim⁡x→af(x)=L\lim_{x\to a} f(x) = L means that the values of f(x)f(x) can be made as close as we like to LL by taking xx sufficiently close to (but not …

Definition 2Left-hand and Right-hand Limit

lim⁡x→a−f(x)\lim_{x\to a^-} f(x) is the limiting value as xx approaches aa through values smaller than aa; lim⁡x→a+f(x)\lim_{x\to a^+} f(x) is the limiting value as xx approaches aa through values larger than aa. The two-sided limit exists only w …