A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $760 per m

Question

2 years ago

12

A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $760 per m

onth, all of the units will be filled, but 1 unit will become vacant for each $20 increase in this monthly rate. If the monthly cost of maintaining the apartment building is $12 per rented unit, what rent should be charged per month to maximize the profit?

Mathematics

1 answer:

DENIUS [597] · Answer 1 · 2022-05-20T08:48:41+03:00

DENIUS [597]2 years ago

4 0

Answer:

$100

Step-by-step explanation: