Suppose the table shows the average price of certain produce, in cents per pound, for selected months and years. Locate all critical points in the table and identify each point as a relative maximum point, relative minimum point, or a saddle point.
A) relative maximum point(s) : (May 1995) ; (May 1998)
Relative minimum point(s) : (May1996)
Saddle point(s) : (March 1996)
B) relative maximum point(s) (May 1995)
Relative minimum point(s) : (April 1994) and (June 1994)
Saddle point(s) : (March 1996)
C) relative maximum point(s) : (May 1995) ; (May 1998) ; (March 1999)
Relative minimum point(s) : (February 1994) ; (April 1995) ; (June 1994) ; (May 1996) ; (February 1997) ; (June 1997)
Saddle point(s) : (March 1994) ; (May 1994) ; (February 1995) ; (June 1995) ; (March 1996) ; (June 1998)
D) relative maximum point(s) : (May 1995)
Relative minimum point(s) : (April 1994) and (June 1994)
Saddle point(s) : (March 1994) ; (May 1994) ; (February 1995) ; (June 1995) ; (March 1996) ; (June 1998)
E) none of these
Correct Answer:
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