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Simora [160]
3 years ago
7

The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $800 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?
Mathematics
1 answer:
Ede4ka [16]3 years ago
6 0
800 * 100 = 80000
810 * 99 = 80190
900 * 90 = 81000
1000 * 80 = 80000
(800 + 10n) (100-1n)
=(800 +10(11)) (100 - 11)<span> (910)(89) = 80990</span>
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