Find the Absolute Maximum Value and the Absolute Minimum Value

question 72

Multiple Choice

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

• A) Absolute maximum value: 0; absolute minimum value: - 48
• B) Absolute maximum value: 9; absolute minimum value: - 48
• C) Absolute maximum value: 5; absolute minimum value: - 4
• D) Absolute maximum value: 4; absolute minimum value: - 5
• E) Absolute maximum value: 9; absolute minimum value: 0

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Definitions:

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. It indicates the efficiency with which a company uses its materials and labor to produce and sell products profitably.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.

Manufacturing Margin

The difference between the sales revenue generated from manufactured goods and the cost of goods sold (COGS) associated with producing those goods.

Variable Costing

A method of accounting that encompasses only the variable costs of production, such as direct materials, direct labor, and variable overhead, in the computation of product costs.