Sir, as said by you, value of the product increases towards right, the holding cost should also increase towards right. There is a mistake of the sign, it should be h1 < h2 < h3 < h4 (ignoring the equality) instead of h1 > h2 > h3 > h4 (ignoring the equality).
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Sir, as said by you, value of the product increases towards right, the holding cost should also increase towards right. There is a mistake of the sign, it should be h1 < h2 < h3 < h4 (ignoring the equality) instead of h1 > h2 > h3 > h4 (ignoring the equality).
Nice explanation sir,
but i think in starting ,the sign of holding cost you took in wrong direction.
Yes, right.
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