Determine Whether the Statement Is True or False

question 141

Multiple Choice

Determine whether the statement is true or false. If it is true, explain why it is true. If it is false, give an example to show why it is false. then f must have a critical point at (a, b) .

• A) False. In relative extremum and .
• B) True. It follows from definition.

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Definitions:

Capital Intensive

Describes industries or businesses that require large amounts of capital investments like equipment and machinery relative to labor.

Alternative Technologies

Different or new technologies that can be used as substitutes for existing ones, often considered in the context of improving efficiency or reducing environmental impact.

Market Price

The going rate at which a commodity or service is offered for buying or selling in a trading environment.

Technologies of Production

The methods and processes used to produce goods and services, incorporating both the tools and techniques involved.