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Find the average rate of change of f ( x ) = x 2 + 2 x 8 on the interval [ 5 , a ] in simplest forms in terms
of a .

a + 7

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Using a graph to determine where a function is increasing, decreasing, or constant

As part of exploring how functions change, we can identify intervals over which the function is changing in specific ways. We say that a function is increasing on an interval if the function values increase as the input values increase within that interval. Similarly, a function is decreasing on an interval if the function values decrease as the input values increase over that interval. The average rate of change of an increasing function is positive, and the average rate of change of a decreasing function is negative. [link] shows examples of increasing and decreasing intervals on a function.

Graph of a polynomial that shows the increasing and decreasing intervals and local maximum and minimum.
The function f ( x ) = x 3 12 x is increasing on ( , 2 ) ( 2 , ) and is decreasing on ( 2 , 2 ) .

While some functions are increasing (or decreasing) over their entire domain, many others are not. A value of the input where a function changes from increasing to decreasing (as we go from left to right, that is, as the input variable increases) is called a local maximum    . If a function has more than one, we say it has local maxima. Similarly, a value of the input where a function changes from decreasing to increasing as the input variable increases is called a local minimum    . The plural form is “local minima.” Together, local maxima and minima are called local extrema    , or local extreme values, of the function. (The singular form is “extremum.”) Often, the term local is replaced by the term relative . In this text, we will use the term local .

Clearly, a function is neither increasing nor decreasing on an interval where it is constant. A function is also neither increasing nor decreasing at extrema. Note that we have to speak of local extrema, because any given local extremum as defined here is not necessarily the highest maximum or lowest minimum in the function’s entire domain.

For the function whose graph is shown in [link] , the local maximum is 16, and it occurs at x = −2. The local minimum is −16 and it occurs at x = 2.

To locate the local maxima and minima from a graph, we need to observe the graph to determine where the graph attains its highest and lowest points, respectively, within an open interval. Like the summit of a roller coaster, the graph of a function is higher at a local maximum than at nearby points on both sides. The graph will also be lower at a local minimum than at neighboring points. [link] illustrates these ideas for a local maximum.

Graph of a polynomial that shows the increasing and decreasing intervals and local maximum.
Definition of a local maximum

These observations lead us to a formal definition of local extrema.

Local minima and local maxima

A function f is an increasing function    on an open interval if f ( b ) > f ( a ) for any two input values a and b in the given interval where b > a .

A function f is a decreasing function    on an open interval if f ( b ) < f ( a ) for any two input values a and b in the given interval where b > a .

A function f has a local maximum at x = b if there exists an interval ( a , c ) with a < b < c such that, for any x in the interval ( a , c ) , f ( x ) f ( b ) . Likewise, f has a local minimum at x = b if there exists an interval ( a , c ) with a < b < c such that, for any x in the interval ( a , c ) , f ( x ) f ( b ) .

Questions & Answers

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When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
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Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
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In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
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Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
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suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
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Source:  OpenStax, Algebra and trigonometry. OpenStax CNX. Nov 14, 2016 Download for free at https://legacy.cnx.org/content/col11758/1.6
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