Step 1: Understanding the Concept:
To analyze the local extrema of a function, we must investigate its first derivative \( f'(x) \) to find critical points and then use the second derivative \( f''(x) \) or the sign change of \( f'(x) \) to determine their nature. A local extremum occurs only if the first derivative changes sign at a point where it is zero. Additionally, the monotonicity of the derivative is determined by the sign of the second derivative.
Step 2: Key Formula or Approach:
We will differentiate \( f(x) = x^{1/2} \ln x - x + 1 \) twice.
The product rule for differentiation: \( \frac{d}{dx}[u(x)v(x)] = u'(x)v(x) + u(x)v'(x) \).
The condition for a critical point: \( f'(x) = 0 \).
The nature of the derivative (increasing/decreasing) is given by the sign of \( f''(x) \).
Step 3: Detailed Explanation:
First, let's find the first derivative \( f'(x) \):
\[ f'(x) = \frac{d}{dx}(x^{1/2} \ln x) - \frac{d}{dx}(x) + \frac{d}{dx}(1) \]
\[ f'(x) = \left( \frac{1}{2}x^{-1/2} \ln x + x^{1/2} \cdot \frac{1}{x} \right) - 1 \]
\[ f'(x) = \frac{\ln x}{2\sqrt{x}} + \frac{1}{\sqrt{x}} - 1 = \frac{\ln x + 2}{2\sqrt{x}} - 1 \]
Next, let's find the second derivative \( f''(x) \):
\[ f''(x) = \frac{d}{dx} \left( \frac{\ln x + 2}{2x^{1/2}} - 1 \right) \]
Using the quotient rule:
\[ f''(x) = \frac{(1/x)(2\sqrt{x}) - (\ln x + 2)(x^{-1/2})}{4x} \]
\[ f''(x) = \frac{2/\sqrt{x} - (\ln x + 2)/\sqrt{x}}{4x} = \frac{2 - \ln x - 2}{4x\sqrt{x}} = \frac{-\ln x}{4x^{3/2}} \]
Now, let's analyze the statements:
(A) Monotonicity of \( f'(x) \) in \( (0, 1) \):
For \( x \in (0, 1) \), \( \ln x<0 \).
Thus, \( f''(x) = \frac{-\ln x}{4x^{3/2}}>0 \).
Since \( f''(x)>0 \), the derivative \( f'(x) \) is increasing in the interval \( (0, 1) \). Statement (A) is false.
(B), (C), (D) Local Extrema:
Critical points occur where \( f'(x) = 0 \).
\[ \frac{\ln x + 2}{2\sqrt{x}} - 1 = 0 \implies \ln x + 2 = 2\sqrt{x} \]
Let \( g(x) = 2\sqrt{x} - \ln x - 2 \).
Checking \( g(1) = 2(1) - 0 - 2 = 0 \). So \( x=1 \) is a root.
Check \( g'(x) = \frac{1}{\sqrt{x}} - \frac{1}{x} = \frac{\sqrt{x} - 1}{x} \).
For \( x<1 \), \( g'(x)<0 \) (decreasing); for \( x>1 \), \( g'(x)>0 \) (increasing).
This means \( g(x) \) has a global minimum at \( x=1 \), where \( g(1)=0 \).
For all other \( x \neq 1 \), \( g(x)>0 \).
Consequently, \( f'(x) = \frac{-g(x)}{2\sqrt{x}} \). Since \( g(x) \geq 0 \), \( f'(x) \leq 0 \) for all \( x \).
The derivative \( f'(x) \) is zero only at \( x=1 \) and is negative everywhere else.
Since \( f'(x) \) does not change sign (it goes from negative to zero to negative), \( x=1 \) is a point of inflection for \( f(x) \), not an extremum.
Therefore, there are no local maxima or minima.
Step 4: Final Answer:
The function \( f(x) \) has no local maximum and no local minimum in \( (0, \infty) \). Statement (D) is true.