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Suppose (1, 1) Is a Critical Point of a Function fx(1,1)=8f _ { x } ( 1,1 ) = 8

question 58

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Suppose (1, 1) is a critical point of a function f with continuous second derivatives. In the case of fx(1,1) =8f _ { x } ( 1,1 ) = 8 , fxy(1,1) =8f _ { x y } ( 1,1 ) = 8 , fyy(1,1) =10f _ { y y } ( 1,1 ) = 10 what can you say about f ?

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Definitions:

Domestic Price

The price of goods or services within a country, influenced by local demand and supply conditions.

World Price

The global market price of a good or service, determined by supply and demand in the international marketplace.

No-Trade Policy

A policy or stance that restricts or prohibits trading certain goods, services, or information between countries or jurisdictions.

Free-Trade Policy

A policy approach that encourages international trade by minimizing or eliminating tariffs, quotas, and other trade barriers between countries.

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