1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldier1979 [14.2K]
3 years ago
11

The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $900 per month.

A market survey suggests that, on average, one additional unit will remain vacant for each $10 increase in rent. What rent should the manager charge to maximize revenue
Business
1 answer:
Aliun [14]3 years ago
3 0

Answer:

$950 in order to maximize the revenue.

Explanation:

The computation of monthly rent in order to maximize revenue is shown below:-

R (x) = Rent price per unit × Number of units rented

= ($900 + $10 x) × (100 - x)

= $90,000 - 900 x + 1000 x - 10 x^2

R (x) = -10 x^2 + 100 x + $90,000

Here to maximize R (x), we will find derivative and equal it to zero

R1 (x) = -20 x + 100 = 0

20 x = 100

x = 5

Therefore the monthly rent is p(5) = $900 + 10(5)

= $900 + 50

= $950 in order to maximize the revenue.

You might be interested in
Consumers who read, hear, or see the message sent by a source during the marketing communication process are referred to as rece
-BARSIC- [3]

In a marketing communication process, the class of consumers who read, hear and see the message sent by a source are known as the receivers.

In marketing, the communication process consists of nine elements including the sender, receiver, encoding, decoding, message, media, response, feedback and the noise

The element of marketing that read, hear, or see the message sent by a source during the marketing communication are the receiver because they decode and digest the message.

In conclusion, the consumers are called the receivers in a marketing communication process.

Read more about this here

<em>brainly.com/question/7274069</em>

8 0
2 years ago
Stinehelfer Beet Processors, Inc., processes sugar beets in batches.
babunello [35]

Answer:

$19

Explanation:

The computation of the financial advantage or disadvantage is shown below:

= Sale value after processed further - cost of processed further - sale value without processed further

= $91 - $29 - $43

= $19

Simply we deducted the cost of processed further and the sale value without processed further from the Sale value after processed further so that the correct amount can come

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
maintenance and operations are part of which career cluster 1Engineering 2,architecture,3architecture and construction 4,enginee
SOVA2 [1]

Maintenance and operations are part of which career cluster: 2. Engineering

Although there are maintenance and operations in most career clusters, out of the choices listed the best answer is engineering. Many operations and maintence repairs are figured out by engineers because they have gone to school and have learned how to built these types of items. Operations and maintenance is needed in building refiners, power plants and repairing equipment.

5 0
3 years ago
Fill in the blank!! Many products, such as golf clubs, are made with graphite-epoxy resins because it's strong and lightweight.
TEA [102]
I think the answer is E. both supply and demand would increase.
I think this because the decrease in making would lower the price of the golf clubs. Therefore making people more likely to buy (demand increasing). The supply would also increase also because with a higher demand, the people buying the golf clubs would cause their supply of golf clubs to increase.
4 0
3 years ago
Oriole Company has a balance in its Accounts Payable control account of $8,170 on January 1, 2020. The subsidiary ledger contain
dem82 [27]

Complete question:

Oriole Company has a balance in its Accounts Payable control account of $8,170 on January 1, 2020. The subsidiary ledger contains three accounts: Hale Company, balance $2,550; Janish Company, balance $1,580; and Valdez Company. During January, the following payable-related transactions occurred.

Purchases Payments Returns  

Hale Company $6,529 $5,972 $ -0-  

Janish Company   5,066   2,087 2,215  

Valdez Company   6,647   6,790   -0-

What is the January 1 balance in the Freeze Company subsidiary account?

What is the January 31 balance in the control account?

Balances in the subsidiary accounts Bixler $ Cuddyer $ Freeze$

Which January transaction would not be recorded in a special journal?

Solution:

What is the January 1 balance in the Freeze Company subsidiary account?

8,170 - 2,550 - 1,580 = 4040

What is the January 31 balance in the control account?

8,170 + 6,529 + 5,066 + 6,647 - 5,972 - 2,087 - 6,790 - 2,215 = 1,995

Compute the balances in the subsidiary accounts at the end of the month.  

Hale 2,550 + 6,529 - 5,972 = 3,107

Janish 1,580 + 5,066 - 2,087 - 2,215 = 2,344

Valdez 4040 + 6,647 - 6,790 = 3,897

Which January transaction would not be recorded in a special journal?

Returns Purchases Payments

The purchase return for Brown of $2,215

6 0
3 years ago
Other questions:
  • Which statement defines personality?
    7·1 answer
  • The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a s
    7·1 answer
  • Southwest Airlines (SWA) has enjoyed a sustained competitive advantage, allowing it to outperform its competitors over several d
    13·1 answer
  • Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h
    14·1 answer
  • During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions.
    6·1 answer
  • Which of the following will lower the breakeven point? (1)- a decrease in the sales price per unit (2)- an increase in total fix
    9·1 answer
  • Those interested in entrepreneurship volunteer their time with service organizations for all of the following EXCEPT.
    8·1 answer
  • Select the correct answer. What is the standard lettering height of lowercase letters when used in combination with uppercase le
    7·1 answer
  • Demand is forecast for the next five months as 200, 300, 500, 300, 200. If the production planner decides to adopt a level strat
    7·1 answer
  • As the market revolution took on steam, some critics described wage labor as the very essence of slavery.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!