Provide an Appropriate Response $\lim f ( x ) = 1$

question 97

Multiple Choice

Provide an appropriate response.
-If $\lim f ( x ) = 1$ and $f ( x )$ is an odd function, which of the following statements are true?
I. $\lim _ { x \rightarrow 0 } f ( x ) = 1$
II. $\lim _ { x \rightarrow 0^ { + } } f ( x ) = - 1$
III. $\lim _ { x \rightarrow - 0 } f ( x )$ does not exist.

• A) II and III only
• B) I and III only
• C) I, II, and III
• D) I and II only

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Definitions:

Good 1

A theoretical or specific item in economics used to model transactions, market behavior, or consumer choice.

Reservation Price

The highest price a consumer is willing to pay for a good or service, beyond which they would choose not to make a purchase.

Barbie's Preferences

A hypothetical concept referring to the assumed tastes or choices that the iconic doll character "Barbie" might have, based on her lifestyle and marketed products.

Good 1

A term used in economic models to represent the first of multiple goods considered in analysis, often with unspecified characteristics.