The document defines extrema as the extreme or maximum and minimum values of a function on an interval. An absolute extremum occurs at an endpoint of a closed interval, while a relative extremum occurs in the interior of an open interval. A function has extrema at points where the derivative is equal to 0 (critical points) or where the function is not differentiable. The Extreme Value Theorem states that a continuous function on a closed interval will have both an absolute maximum and minimum. To find the extrema of such a function, evaluate it at all critical points and endpoints. A function can have a maximum or minimum at multiple points within an interval.