Which Point or Points Are Local Optima in This Diagram

question 2

Multiple Choice

Which point or points are local optima in this diagram? The dashed line represents the objective function and the objective is to maximize the value of the objective function.

• A) D
• B) E
• C) F
• D) D, F

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Definitions:

Derivative Action

A lawsuit brought by a corporation's shareholder on behalf of the company against a third party, often for breach of fiduciary duty.

Shareholder

An individual or entity that owns shares in a company, giving them a claim on part of its assets and earnings.

Pre-emptive Rights

Rights that allow existing shareholders to purchase additional shares in a company before new shares are offered to the public, to maintain their proportional ownership.

Shareholder's Agreement

A contract among the shareholders of a company outlining their rights, responsibilities, and obligations.