Answer the questions below:
(i) State precisely the conditions under which a point c in the domain of a differentiable function F can be identified as a point of local maximum or local minimum on the basis of the behaviour of F′(x) in the neighbourhood of c.
(ii) Give an explicit example of a differentiable function F and a point c such that F′(c)=0 but c is neither a point of local maximum nor a point of local minimum.
(iii) Justify, using the sign of F′(x) on either side of c, why the point given in part (ii) fails to be an extremum.