Identify the Function's Local and Absolute Extreme Values, If Any $$g ( x ) = \frac { x ^ { 4 } } { 4 } - \frac { 4 } { 3 } x ^ { 3 } - \frac { 9 } { 2 } x ^ { 2 } + 36 x - 4$$

question 331

Multiple Choice

Identify the function's local and absolute extreme values, if any, saying where they occur.
- $$g ( x ) = \frac { x ^ { 4 } } { 4 } - \frac { 4 } { 3 } x ^ { 3 } - \frac { 9 } { 2 } x ^ { 2 } + 36 x - 4$$

• A) local maxima at x = 3 and x = -4; local minimum at x = 3
• B) local maximum at x = 3; local minima at x = -3 and x = 4
• C) local maxima at x = -3 and x = 4; local minimum at x = 3
• D) local maximum at x = -3; local minimum at x = 4

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Definitions:

WARP

Weak Axiom of Revealed Preference, a theory in economics that assumes if a consumer prefers product A over B when both are available, then they will not choose B when A is available.

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Laspeyres Price Index

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Base Year

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