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MathNet 2022-part-04 — 197 problems (EN–VI) Question 19

Math Olympiad Vault · MathNet 2022-part-04 — 197 problems (EN–VI)

Question 19

For real numbers $x$ and $y$ we define $M(x, y)$ to be the maximum of the three numbers $xy$, $(x-1)(y-1)$, and $x+y-2xy$. Determine the smallest possible value of $M(x, y)$ where $x$ and $y$ range over all real numbers satisfying $0 \le x, y \le 1$.