A cost function is defined and differentiable on the closed interval

MATHEMATICS · Single correct · CBSE · Mathematics · Applications of Derivatives · Applications of Derivatives

Problem

A cost function C(x)C(x) is defined and differentiable on the closed interval 0≤x≤120\le x\le 12. A student finds that the only critical point of CC in (0,12)(0,12) is at x=5x=5 and immediately concludes that CC attains its minimum there. Which of the following best explains why the student’s conclusion may be incomplete? (a) A function’s global minimum on a closed interval must be compared with its values at the endpoints as well as at critical points. (b) Because the second derivative at x=5x=5 was not examined, x=5x=5 could actually correspond to a maximum rather than a minimum. (c) The derivative test is invalid on a closed interval, so any conclusion drawn from C′(x)=0C'(x)=0 is unreliable. (d) Even though C′(5)=0C'(5)=0, there could be interior points where C′(x)C'(x) is undefined that produce a smaller cost.

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