Average Cost See Problem 71. Suppose that the government imposes a $1000 per day tax on the

Question:

Average Cost See Problem 71. Suppose that the government imposes a $1000 per day tax on the bicycle manufacturer so that the daily cost C of manufacturing x bicycles is now given by C(x) = 80x + 6000. Now the average daily cost CÌ… is given by

 80x + 6000 T(x)


How many bicycles must be produced each day for the average cost to be no more than $100?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

Question Posted: