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Lesson 18: Maximum and Minimum Vaues
The document discusses the concepts of maximum and minimum values in calculus, emphasizing the extreme value theorem which states that a continuous function on a closed interval attains an absolute maximum and minimum value. It outlines definitions and examples related to local and global extrema, and includes historical context on Fermat's theorem. The significance of finding extreme values is highlighted, especially in applications like profit maximization and cost minimization.
