The cost function per t-shirt is identified to be the


The cost function per t-shirt is identified to be the following: y=ln(X+1). Fixed costs associated are a step function based on area needed. For each 1000 shirts, the cost associated with storage space is $1000 .
a. What is the total cost function?
b. Find the optimal number of shirts produced to minimize the cost function.

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Econometrics: The cost function per t-shirt is identified to be the
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