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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

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
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Ariel
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Ariel
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Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
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Desalegn
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this is the study of how the society manages it's scarce resources
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macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
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Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
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Jan
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Jan
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Milan
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Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
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identify a demand and a supply curve
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Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
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Abari
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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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