At the minimum or the maximum of the graph of a non-linear function (with x on the horizontal axis and y on the vertical axis)the marginal response of y to a small change in x is
A)1.
B)-1.
C)0.
D)infinite.
E)undefined.

Question

Quizplus · Accepted Answer

At the minimum or maximum of a non-linear function, the derivative (marginal response) is equal to zero. Therefore, a small change in x will not result in a change in y, and the marginal response is 0.

At the Minimum or the Maximum of the Graph of a Non-Linear