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Prove the Limit Statement
- limx51x=15\lim _ { x \rightarrow 5 } \frac { 1 } { x } = \frac { 1 } { 5 }

question 164

Essay

Prove the limit statement
- limx51x=15\lim _ { x \rightarrow 5 } \frac { 1 } { x } = \frac { 1 } { 5 }


Definitions:

Marginal Benefits

The uplift in utility or enjoyment gained through consuming or producing an added unit of a good or service.

Marginal Costs

The added cost incurred when one more unit of a good or service is produced.

Marginal Benefit

The additional pleasure or utility gained when one more unit of a good or service is consumed.

Marginal Cost

The additional cost incurred to produce one more unit of a good or service.

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