Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

A positive definite Hessian fulfils the second-order conditions for

/ » Mathematical Tools for Economics 1 solved MCQs / By
Question:

A positive definite Hessian fulfils the second-order conditions for

A.

maximum

B.

minimum

C.

both maximum and minimum

D.

minimax

Answer» b. minimum

Note: The above multiple-choice question is for all general and Competitive Exams in India.