Find the Absolute Maximum Value and the Absolute Minimum Value

question 89

Multiple Choice

Find the absolute maximum value and the absolute minimum value, if any, of the given function.

• A)Absolute maximum value: 199; absolute minimum value: - 1
• B)Absolute maximum value: 3; absolute minimum value: - 1
• C)Absolute maximum value: 3; absolute minimum value: - 109
• D)Absolute maximum value: 199; absolute minimum value: - 109
• E)No absolute extrema

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Definitions:

Precautionary Cash

Funds held by individuals or firms to deal with unexpected events or emergencies, providing a buffer against financial issues.

Credit Availability

The ease with which individuals or companies can obtain loans or other forms of credit from financial institutions.

Income Level

The term income level refers to the amount of money earned by an individual, household, or economic entity within a specific period, often categorized for statistical analysis.

Large Denomination

Refers to currency or financial instruments that are issued in large values, typically used in major transactions or as a store of value.