Mathematics · Calculus & Optimization
If a differentiable function is strictly concave over its domain, then:
- 1Both (A) and (C) are true✓
- 2The assumption of concavity obviates the need for checking second-order conditions
- 3The second-order condition is always necessary to check for a maximum
- 4The first-order condition is sufficient to find the global maximum value
Correct answer
Both (A) and (C) are true
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