Graph the Function, Then Find the Extreme Values of the Function

question 22

Multiple Choice

Graph the function, then find the extreme values of the function on the interval and indicate where they occur.
- $\mathrm{y}=|\mathrm{x}-2|+|\mathrm{x}+3|$ on the interval -5< x<5

• A) Absolute minimum is: 6 on the interval \([ - 3,2 ]\)
• B) Absolute minimum is: 6 on the interval \([ - 2,3 ]\)
• C) Absolute minimum is: 5 on the interval \([ - 2,3 ]\)
• D) Absolute minimum is: 5 on the interval \([ - 3,2 ]\)

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Definitions:

Perfectly Elastic

Describes a situation in economics where the demand or supply for a product can vary infinitely with a small change in price.

Inelastic

A situation in which the demand for a product does not increase or decrease correspondingly with a fall or rise in its price.

Perfectly Elastic

Describes a situation where the quantity demanded or supplied changes infinitely in response to any change in price.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance each other.