Determine If the Vertex of the Graph Is a Maximum $y = x ^ { 2 } - 2 x + 1$

question 172

Multiple Choice

Determine if the vertex of the graph is a maximum point or a minimum point.
- $y = x ^ { 2 } - 2 x + 1$

• A) Minimum
• B) Maximum

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Definitions:

Profit

The financial gain obtained when revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.

Factor Demand Curve

The relationship between the price of a factor of production and the quantity of that factor that is demanded, holding all else constant.

Final Product

A good or service that is consumed by the end-user and does not require further processing or transformation.

Autoworkers

Individuals who are employed in the automotive industry, typically involved in the manufacture, assembly, or maintenance of vehicles.