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.
Mark has 60+ answers in. Mathematics. Epsilon is just a Greek letter that's used by mathematicians when they've run out of Roman letters. Normally only the lower-case version, [math]\epsilon[/math], is used, because the upper-case version is not distinctive: E. Probably the most famous use is in the so-called epsilon-delta definition of a limit (see (Îµ, Î´)-definition of limit). Roughly, a function f(x) has the limit l as x approaches a if, for any small range delta, you can make f(x) be closer than delta to l by picking x within epsilon of a. So epsilon is sometimes used as a metaphor for a very small error range around a point.