Find the Numbers at Which F Is Continuous $$f ( x ) = \left\{ \begin{aligned}\frac { x ^ { 2 } - 16 } { x - 4 } & \text { if } x \neq 4 \\8 & \text { if } x = 4\end{aligned} \right.$$

question 37

Multiple Choice

Find the numbers at which f is continuous. At which numbers is f discontinuous?
- $$f ( x ) = \left\{ \begin{aligned}\frac { x ^ { 2 } - 16 } { x - 4 } & \text { if } x \neq 4 \\8 & \text { if } x = 4\end{aligned} \right.$$

• A) continuous for all real numbers except \(x = 2\)
• B) continuous for all real numbers except \(x = 2 , x = 4\)
• C) continuous for all real numbers
• D) continuous for all real numbers except \(x = 4\)

Understand the distinction between accounting profit and economic profit.

Calculate accounting profit using total revenue and explicit costs.

Differentiate between short-run and long-run costs in the context of variable and fixed inputs.

Calculate economic profit, incorporating opportunity costs and explicit costs.

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Definitions:

SWOT Analysis

An assessment tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

Strategic Management

The ongoing planning, monitoring, analysis, and assessment of all that is necessary for an organization to meet its goals and objectives, focusing on long-term strategic direction.

Specific

Clearly defined or identified; precise or exact.

Profitability Gap

The difference between the actual profitability of a business and its potential profitability under optimal conditions.