Not a constant, but the differential, i.e. gradient, of the equation. It = 0 at maxima and minima, where the curve is at its turning-point(s).
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There is no minimum (nor maximum) value.
A minimum refers to the smallest possible value or quantity in a set or range, while a maximum refers to the largest possible value or quantity in a set or range. So, a minimum is less or smaller than a maximum.
The difference is that the maximum is normally larger than the minimum.
the maximum or minimum value of a continuous function on a set.
Range = Maximum value - Minimum value