Here are a couple of useful points to help you understand how to find the complexity of a function.
- Measure the number of iterations
- Measure the complexity of each operation at each iteration
For the first point, you see the terminating condition is v < m, where v is 0 initially, and m is the size of the list. Since v increments by one at each iteration, the loop runs at most (at least) N times, where N is the size of the list.
Now, for the second point. Per iteration we have -
c.append(min(l))
Where min is a linear operation, taking O(N) time. append is a constant operation.
Next,
l.remove(min(l))
Again, min is linear, and so is remove. So, you have O(N) + O(N) which is O(N).
In summary, you have O(N) iterations, and O(N) per iteration, making it O(N ** 2), or quadratic.