Locate the Local Minimum of the Function $f ( x , y ) = x y + \frac { 3 } { x } + \frac { 3 } { y }$

question 43

Essay

Locate the local minimum of the function.
​ $f ( x , y ) = x y + \frac { 3 } { x } + \frac { 3 } { y }$ ​
Express your answer as an ordered triple.

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Definitions:

Lessor

The party in a lease agreement that owns the asset and grants the lessee the right to use the asset in return for lease payments.

Bargain Purchase Option

A lease clause allowing the lessee to purchase the leased asset at a price significantly lower than its expected fair market value at the end of the lease term.

Leased Asset's Useful Life

The expected period over which a leased asset is anticipated to be used by the lessee, often corresponding to the lease term unless a shorter period is more representative.

Minimum Lease Payments

The lowest amount that a lessee is expected to pay over the lease term, including both principal and interest components.