Question: Define the limit of a function by using the concepts of existence and neighborhoods. 2-a)Find:lim(1 - x 2 ) x1 1 - x 2-b)Findlim2 +

  1. Define the limit of a function by using the concepts ofexistenceandneighborhoods.

2-a)Find:lim(1 - x2)

x11 - x

2-b)Findlim2 + 1

x( x + 1)

  1. Find the price elasticity of the following nonlinear demand function:

Q = aP-b

Where Q is quantity demanded, p is the price of its own.

(Show your work. This means that no work no credit.)

  1. .Find the derivative of the quotient of the following U and V functions:

Y = U / V, where U = Xand V = 2X + 3

5. Find (1)the different quotient and derivative when tax rate increases from 15% to 20%and (2) the maximum tax revenuebased on the following quadratic tax revenue function:

R = 200t - 200t2

6. Find (i) the marginal revenue, (ii) the marginal cost, and (iii) marginal profit of the following functions:

TR = 41.5Q - 1.1Q2

TC = 150 + 10Q -0.5Q2+ 0.02Q3

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