Determine Whether the Given Quadratic Function Has a Minimum Value $$f ( x ) = x ^ { 2 } + 2 x - 6$$

question 386

Multiple Choice

Determine whether the given quadratic function has a minimum value or maximum value. Then find the
coordinates of the minimum or maximum point.
- $$f ( x ) = x ^ { 2 } + 2 x - 6$$

• A) minimum; \(( - 1 , - 7 )\)
• B) maximum; \(( - 1 , - 7 )\)
• C) minimum; \(( - 7 , - 1 )\)
• D) maximum; \(( - 7 , - 1 )\)

---

Definitions:

Budget Constraint

The financial limit on the consumption choices of an individual or household based on income and the prices of goods and services.

Income Change

A variation in the amount of earnings received by a person, household, or economic entity over a period.

Inferior Good

A good for which an increase in income reduces the quantity demanded

Good A

A placeholder term typically used in economic models to represent a generic item or service in the market.