Maximization problems in calculus refer to finding the maximum value of a function within a given domain. It involves determining the highest point on a graph or the largest possible outcome.
Minimization Problems: These are similar to maximization problems but involve finding the minimum value instead of the maximum.
Critical Points: These are points on a graph where either a maximum or minimum occurs. They can be found by taking derivatives and setting them equal to zero.
Optimization: This term refers to finding both maximum and minimum values in real-life applications, such as maximizing profit or minimizing cost.
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