How Many Local Maxima and Minima Does the Polynomial Have

question 12

Multiple Choice

How many local maxima and minima does the polynomial have? ​ ​

• A) 2 maxima and 1 minimum
• B) 1 maximum and 0 minima
• C) 1 maximum and 2 minima
• D) 0 maxima and 1 minimum
• E) 1 maximum and 1 minimum

---

Definitions:

Revenue Variance

The difference between actual revenue and budgeted or forecasted revenue, indicating the performance of a business.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting in variable operational conditions.

Materials Price Variance

The difference between the actual unit price paid for an item and the standard price, multiplied by the quantity purchased.

Standard Cost

A predetermined cost of manufacturing a single unit or a number of product units during a specific period under current or anticipated conditions.