Question: If f(x) = x^3 - 3x^2 + 4, find the point where the function has a local minimum.
Options:
Correct Answer: (1, 2)
Solution:
f\'(x) = 3x^2 - 6x. Setting f\'(x) = 0 gives x(3x - 6) = 0, so x = 0 or x = 2. f\'\'(2) = 6 > 0, so (2, f(2)) = (2, 1) is a local minimum.