Answer How do I justify that this is the minimum costSolutio
Answer:
How do I justify that this is the minimum cost?
Solution
the condition to have a minima at any point is to prove that double derivative is greater than 0 ... as the d2C/d2x >0 as given in the solution .. the point will give us minimum. moreover you can also plot(optional) to show that this is the minima point .
