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Video id:  #1878 (enlarge) 
Post date:  9/19/2011 
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Local Minimum

Definition: This is a point where the value of a function of each nearby point is larger than at the point. Typically, a local maximum of a function is found where the derivative of the function is zero.

Listed under: Calculus, General Math Terminology, Mathematical Analysis, Multivariable Calculus