Intro to Mathematical Economics
Jump discontinuity occurs when the left-hand limit and the right-hand limit of a function at a particular point exist but are not equal, causing a 'jump' in the graph of the function. This type of discontinuity highlights that a function does not have a defined value at that point, leading to an abrupt change in the output. Understanding jump discontinuities is essential for analyzing limits and continuity in functions, as they illustrate scenarios where continuity fails despite limits existing.
congrats on reading the definition of Jump Discontinuity. now let's actually learn it.