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A function f is continuous at the point if the following conditions are satisfied.
1. is defined.
2. exists.
3. .
Determine the value of x, if any, at which the function is discontinuous.
__________
State the condition(s) for continuity that are violated.
Conditions: __________
Income
The money received, typically on a regular basis, for work or through investments.
Utils Per Dollar
A hypothetical measurement of the utility or satisfaction a consumer gains from spending one dollar on a good or service.
Risk-Averse
Characteristic of preferring to avoid risk, leading to preference for safer, more certain outcomes over riskier ones.
Marginal Utility
The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.
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