subject
Business, 27.08.2021 15:50 iris7324

An apartment complex has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartment units is given by the following function: P(x)=−10x2+1760x−50,000

Required:
a. To maximize the monthly profit, how many units should be rented out?
b. What is the maximum monthly profit realizable?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 18:00, rb276
Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left
Answers: 1
image
Business, 22.06.2019 05:50, mandy9386
Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.
Answers: 2
image
Business, 22.06.2019 19:40, QueenNerdy889
An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)
Answers: 1
image
Business, 22.06.2019 19:50, joel4676
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
You know the right answer?
An apartment complex has 100 two-bedroom units. The monthly profit (in dollars) realized from rentin...

Questions in other subjects: