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Aleks04 [339]
3 years ago
6

The manager of a large apartment complex knows from experience that 120 units will be occupied if the rent is 342 dollars per mo

nth. A market survey suggests that, on the average, one additional unit will remain vacant for each 9 dollar increase in rent. Similarly, one additional unit will be occupied for each 9 dollar decrease in rent. What rent should the manager charge to maximize revenue
Business
1 answer:
Pavel [41]3 years ago
4 0

Answer:

The answer is "711"

Explanation:

Calculated equation:

R(x) =(120-x)(342+9x)\\\\R(x) =-9x^2+738x+41040

For maximum revenue R'(x)=0

\to R'(x) =-18x+738\\\\\to 18x=738\\\\\to x=\frac{738}{18}\\\\\to x=41\\\\

So, maximum revenue:

\to 342+9\times 41\\\\\to 342+369\\\\\to 711

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Answer:

The correct answer is:

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Explanation:

The required table is not given in the question. Please find below the attachment of the table.

Given:

Future value,

= $30,000

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= Future \ value\times PV \ factor(9 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.09} )^8

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If discounting rate is 11%, the present value will be:

= Future \ value\times PV \ factor(11 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.11} )^6

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3 years ago
Dina loves branded apparel and accessories but cannot afford to buy them too often. Fortunately, Dina lives close to an off-pric
inn [45]

Answer: Off- Price Retail Store

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5 0
3 years ago
Brian is a 25% partner in the BC Partnership. On January 1, BC distributes $20,000 cash and land with a $16,000 fair value (insi
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Explanation:

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In all these products and services companies mentioned, I had a positive experience in relation to the attendance of the employees, this shows that the employees were really trained. An interesting example is Disneyland, where the slogan "The most magical place on earth" really makes sense, as all employees were trained to provide an experience for the visitor, as they are characterized as famous characters in the film and have a very playful way to create an atmosphere of magic. In other companies, the experience, although different, can be described as similar to Disney, because the main challenge of training employees is that they are able to provide the customer with an effective alignment between the company's purpose and the services offered, so it is essential that the employee is trained to provide all the values ​​that the company demonstrates to the customer, being always solicitous, cordial, having property to answer questions and explain about the product or service, etc.

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