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Limit is used to determine the most opportune time to buy or sell goods or when to consider the

affects of price on how much consumers purchase a certain item.

Limit
If the values of f(x)f(x) get closer and closer, as close as we want, to one number LL as

we take values of xx very close to (but not equal to) a number cc, then we say "the limit

of f(x)f(x) as xx approaches cc is LL" and we write

𝒍𝒊𝒎 𝒇(𝒙) = 𝑳
𝒙→𝒄

The symbol "→→" means "approaches" or, less formally, "gets very close to".

Business

Business is the activity of making one's living or making money by producing or buying

and selling products (such as goods and services). Simply put, it is "any activity or enterprise

entered into for profit. It does not mean it is a company, a corporation, partnership, or have any

such formal organization, but it can range from a street peddler to General Motors."

Business is defined as an organization or enterprising entity engaged in commercial,

industrial, or professional activities. Businesses can be for-profit entities or non-profit

organizations that operate to fulfill a charitable mission or further a social cause. The

term business also refers to the organized efforts and activities of individuals to produce and sell

goods and services for profit. Businesses range in scale from a sole proprietorship to an

international corporation. Several lines of theory are engaged with understanding business

administration including Organizational behavior, organization theory, and strategic

management.
1. Product – refers to the item that is manufactured to provide satisfaction to the

consumers. The Product provides the needs or fulfillment of the consumers demands.

2. Price – refers to the how much the producer will sell their product to the consumers.

When Establishing the price, the producers or the sellers should be fair and give considerations

to the unit cost price, marketing cost and distribution expenses.

The sellers must know the price of competing their product to the marketplace and

whether their suggested price point is adequate to provide customers with a sensible option.

3. Sales – are activities related to selling or the number of goods or services sold in a

given time period.

Relation and Uses of Limit in Business

In business, limits can help us by providing us an accurate and measurable way to record

changes. It also helps to keep us updated on our sales flow. It will also tell us what will the value

of what we need are looking for as the value of the dependent approaches a certain conditio

30 x 5 = 150 a day

𝟏𝟎𝟎(𝒙)−𝟓𝟎(𝒙)
𝐥𝐢𝐦 𝒇(𝒙) =
𝒙→𝟕 𝟐

X Y
1 50

2 100

3 150

4 200

5 250

6 300

7 250

We therefore conclude that every day that they sell ice candy, the profit that an individual

gets increase by 50 pesos per day.

Reference List

https://prezi.com › practical-application-of-limits-in-various-fields

http://tutorial.math.lamar.edu/Classes/CalcI/BusinessApps.aspx

http://www2.gcc.edu/dept/math/faculty/BancroftED/buscalc/chapter2/section2-1.php

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