​Find the Absolute Extrema of the Function on the Closed

question 239

Multiple Choice

​Find the absolute extrema of the function on the closed interval Round your answer to two decimal places. ​

• A) ​The maximum of the function is 1 and the minimum of the function is 0.
• B) ​The maximum of the function is 2.92 and the minimum of the function is 1.
• C) ​The maximum of the function is 2.92 and the minimum of the function is 0.
• D) ​The maximum of the function is1 and the minimum of the function is 2.52.
• E) ​The maximum of the function is 0 and the minimum of the function is 2.52.

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Definitions:

Perfectly Elastic Demand

Product or resource demand in which quantity demanded can be of any amount at a particular product or resource price; graphs as a horizontal demand curve.

Graphed

A method of representing data visually using charts or plots to illustrate relationships between different variables.

Price Elasticity of Supply

A measure of how much the quantity supplied of a good responds to a change in its price.

Measured

Quantified or assessed through specific metrics or instruments for comparison or analysis purposes.