Extremal rays in families of inequalities (II)

(This is Yan Sheng.) Last time we studied a family of inequalities involving absolute values on linear polynomials, and asked the question of how lazy we can be to prove inequalities of that form. This week, we will be applying the same approach to a different family: 3-variable homogeneous symmetric inequalities of low degree. A polynomial $P(x,y,z)$ in 3 variables is called homogeneous of degree $d$ if each of its terms is of degree $d$, and symmetric if $P(x,y,z)=P(x',y',z')$ for all permutations $x',y',z'$ of $x,y,z$. Inequalities involving homogeneous symmetric polynomials include the AM-GM inequality$$\left(\frac{x+y+z}3\right)^3\ge xyz,$$and the Schur inequality$$x^r(x-y)(x-z)+y^r(y-x)(y-z)+z^r(z-x)(z-y)\ge0$$for integers $r\ge0$. For the rest of this post, write $\mathcal P^+_d$ for the family of all homogeneous symmetric polynomials $P(x,y,z)$ of degree $d$ such that $P(x,y,z)\ge0$ holds for all $x,y,z\ge0$. Our Main Problem is to describe $\math...