Raymond B. answered 03/29/22
Math, microeconomics or criminal justice
f(x) = (1/3)x^3 -x^2 -3x + 3
take the derivative and set equal to zero
f'(x) = x^2 -2x -3 = 0
= (x-3)(x+1) = 0
x =-1, 3
f(-1) = y(-1) = (1/3)(-1)^3 -(-1)^2 -3(-1) +3 = -1/3 -1 +3 +3 = 4 2/3
f(3) =(1/3)(3)^3 - (3)^2 - 3(3) + 3 = 9 -9 - 9 + 3 = -6,
the points (-1, 4 2/3) and (3, -6) are local extrema; 4 2/3 > -6 so
(x,y) = (-1, 4 2/3) or (-1, 14/3) is a local or relative maximum
(x,y) = (3,-6) is a local or relative minimum