The necessary conditions for ETC (c) (defined earlier) to assume a minimum value at c = c*
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The necessary conditions for ETC
(c) (defined earlier) to assume a minimum value at c = c* are ETC1c* - 12 Ú ETC1c*2 and ETC1c* + 12 Ú ETC1c*2 Show that these conditions reduce to Ls1c*2 - Ls1c* + 12 …
C1 C2
… Ls1c* - 12 - Ls1c*2 Apply the result to Example 18.9-2, and show that it yields c* = 4.
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