Local Minimum:A local minimum is a point on the graph of a function where the function value is lower than the function values at nearby points, but not necessarily the lowest value of the function over its entire domain.
Concavity:Concavity refers to the curvature of a function's graph, and it can be used to identify local and global minima and maxima.
Derivative:The derivative of a function is a measure of the rate of change of the function at a given point, and it can be used to identify critical points, including local and global minima and maxima.