Step 1: Core Idea:
This question concerns the Boundedness Theorem, derived from the Extreme Value Theorem in real analysis. It defines a crucial characteristic of continuous functions on closed and bounded intervals.
Step 2: Explanation:
The Boundedness Theorem asserts that if a function \(f\) is continuous on a closed, bounded interval \([a, b]\), then \(f\) is bounded on that interval.
A function is "bounded" if it has both an upper and a lower bound.
Bounded above means a real number M exists such that \(f(x) \le M\) for all \(x\) in \([a, b]\).
Bounded below means a real number m exists such that \(f(x) \ge m\) for all \(x\) in \([a, b]\).
Analyzing the statements:
(A) Constant: Incorrect. For instance, \(f(x) = x\) is continuous on \([0, 1]\) but isn't constant.
(B) Bounded above: Correct, based on the Boundedness Theorem.
(C) Bounded below: Correct, according to the Boundedness Theorem.
(D) Unbounded: Incorrect and contradicts the theorem.
Step 3: Conclusion:
The theorem guarantees the function is bounded both above and below. Therefore, statements (B) and (C) are correct.