The interpretation for the equilibrium condition for the loans is much the same as in. the deposit market condition. As the market becomes more fragmented with a larger number. of banks (n ), the demand of loans per banks becomes smaller under competition.
Objectives: In this tutorial, we finally obtain the formal defintion of limits and relate this definition to our previous definition. We verify this definition for a few examples. First, we find algebraically the delta corresponding to a specific epsilon and then find algebraically the delta for an arbitrary epsilon.efinition. The limit of f(x) as x approaches a is L. if and only if, given, there exists such that 0 d implies that |f(x) - L| e. 1  Discussion of how to obtain the above formal definition of limits from our previous definition of limits.
To summarize: D EFINITION 2.2. The limit of a function. We say that a function f(x) approaches a limit L as x approaches c if the sequence of values of x, both from the left and from the right, causes the sequence of values of f(x) to satisfy the definition of approaches a limit L: Definition 2.1.gain, when we say that the values of x approach a limit, that limit is never a value of x. There is always a difference between the values of x and their limit. The limit is the boundary beyond which no member of the sequence will pass. We summarize this in the following definition.