   Chapter 10.1, Problem 62E Finite Mathematics and Applied Cal...

7th Edition
Stefan Waner + 1 other
ISBN: 9781337274203

Solutions

Chapter
Section Finite Mathematics and Applied Cal...

7th Edition
Stefan Waner + 1 other
ISBN: 9781337274203
Textbook Problem

Airline Stocks Before the September 11, 2001 attacks, United airlines stock was trading at around $35 per share. Immediately after the attacks, the share price dropped by$15. Let U ( t ) bethis cost at time t, and take t = 11 torepresent September 11, 2001. What does the given information tell you about lim t → 11 U ( t ) ?

To determine

The value of limt11U(t) for the function U(t) which represents the cost of share at time t and after the September 11,2011 attacks, the cost of shares of United Airline stock suddenly fallen from $35 per share to$20 per share on September 11,2011, that is t=11.

Explanation

Given information:

The function U(t) represents the cost of share at time t and after the September 11,2011 attacks, the cost of shares of United Airline stock suddenly fallen from $35 per share to$20 per share on September 11,2011, that is t=11.

Consider the limit, limt11U(t).

Where, U(t) represents the cost of share at time t.

To evaluate the limit limt11U(t), estimate the right side limit and left side limit

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