May 6, 2010, the "Flash Crash" (t is the time of the day in hours, and m(1) is the market depth in millions of shares). m(1) 100 66 10 9.5 14.75 16 a. Compute the following (if a limit does not exist, say why): lim m(1), 114.75 lim m(t), lim m(1). m(14.75). 14.75 -14.75 b. What do the answers to part (a) tell you about the mar- ket depth?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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a. Compute the following (if a limit does not exist, say
b. What do the answers to part (a) tell you about the mar-
May 6, 2010, the "Flash Crash" (t is the time of the day in
hours, and m(1) is the market depth in millions of shanes).
m(1)
100
66
10
9.5
14.75 16
why):
lim m(1),
lim m(1). lim, m(t), m(14.75).
14.75
-14,75
14.75
b. What do the answers to part (a) tell you about the men
ket depth?
Transcribed Image Text:a. Compute the following (if a limit does not exist, say b. What do the answers to part (a) tell you about the mar- May 6, 2010, the "Flash Crash" (t is the time of the day in hours, and m(1) is the market depth in millions of shanes). m(1) 100 66 10 9.5 14.75 16 why): lim m(1), lim m(1). lim, m(t), m(14.75). 14.75 -14,75 14.75 b. What do the answers to part (a) tell you about the men ket depth?
58. Flash Crash The graph shows a rough representation of the
(aggregate) market depth" of the stocks comprising the S&P
500 on the day of the U.S. stock market crash at 2:45 pm on
See footnote for Exercise 5.
Transcribed Image Text:58. Flash Crash The graph shows a rough representation of the (aggregate) market depth" of the stocks comprising the S&P 500 on the day of the U.S. stock market crash at 2:45 pm on See footnote for Exercise 5.
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