Consider the Function $f(x)=a x(1-x)$ For $a>0$ For What Value of X on the Region

question 27

Short Answer

Consider the function $f(x)=a x(1-x)$ for $a>0$ .For what value of x on the region $0 \leq x \leq 1$ does f have a local maximum? If there is more than one value, give the smallest one.

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Definitions:

Demand Curves

A graph representing the relationship between the quantity of a good consumers are willing and able to purchase and its price.

Industry

A sector of the economy that produces goods, services, or related products, categorized by their business activities.