You open a hat stand in the mall with an initial start-up cost of $1500 plus 50 cents for every hat

You open a hat stand in the mall with an initial start-up cost of $1500 plus 50 cents for every hat you stock your booth with. a) What is your cost function?

Set up the cost function C(h) where h is the number of hats you stock:
C(h) = Cost per hat * h hats + Start Up Cost
C(h) = 0.5h + 1500