Suppose $f(x)$ is a function from $\mathbb{R}$ to $\mathbb{R}$ and $f$ is strictly quasi-concave. If $x^*$ is a point such that $f'(x^*)=0$, then can we say that $x^*$ is a global maximum of this function? What about local maximum then?
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Best Answer
Take $f(x) = (\operatorname{sgn} x) x^2$. Then $f$ is strictly monotonic (hence strictly quasi-convex) and $f'(0) = 0$, but $f$ has no local $\max$ or $\min$.