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

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?

80x + 6000 T(x)

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