Find the Critical Point(s) of the Function

question 143

Multiple Choice

Find the critical point(s) of the function.Then use the second derivative test to classify the nature of each point, if possible.Finally, determine the relative extrema of the function.

• A)(8, - 6); relative minimum value: f(8, - 6) = - 24
• B)(- 8, 6); relative maximum value: f(- 8, 6) = - 56
• C)(8, 6); saddle point: f(8, 6) = 24
• D)there are no critical points

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Definitions:

Margin of Safety

The difference between actual sales and the break-even point, indicating the amount by which sales can drop before a business incurs a loss.

Degree of Operating Leverage

Degree of operating leverage measures the sensitivity of a company's operating income to a change in sales volume, indicating the impact on profits from sales fluctuations.

Contribution Format Income Statement

An income statement format that separates variable costs from fixed costs, highlighting the contribution margin.

Unit Sales

The total number of individual items or units that a company sells during a certain period.