Provide an Appropriate Response

question 14

Multiple Choice

Provide an appropriate response.
-Find the local extrema for

• A) f(1, 1) = -1 is a local minimum
• B) f(2, 2) = 41 is a local maximum
• C) f(-2, -2) = 9 is a local maximum
• D) f(0, 0) = 1 is a local minimum

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Definitions:

Wagner Act

A foundational piece of U.S. labor law, officially the National Labor Relations Act of 1935, which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Pure Monopsony

A market condition where there is only one buyer for a product or service, giving that buyer significant control over market conditions.

Injunction

A legal order issued by a court that compels a party to do or refrain from specific acts.

National Labor Relations Act

A 1935 U.S. law that protects the rights of employees and employers, encourages collective bargaining, and curtails certain private sector labor and management practices.