Consider $\lim _ { b \rightarrow \infty }$ $\frac { 2 b - 1 } { b }$

question 38

Multiple Choice

Consider $\lim _ { b \rightarrow \infty }$ $\frac { 2 b - 1 } { b }$ . Which of the following is true?

• A) The limit exists and is equal to zero.
• B) none of these
• C) The limit exists and is equal to one.
• D) The limit diverges.
• E) The limit exists and is equal to two.
• Evaluate the improper integral whenever it is convergent. If it is divergent, state this.

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Definitions:

Price of Resource

The cost associated with securing a natural or economic resource for use in production or consumption.

Extraction Costs

Costs related to extracting natural resources from the ground, like mining or drilling activities.

Quantity Extracted

The amount of a resource or good that is removed from its natural setting or produced over a given period.

Shift from TC₁ to TC₀

Represents a change in total cost from one state (TC₁) to another (TC₀), often used in economic models to explain cost variations.