Mathematics, 08.12.2020 06:50 isabellemdeakin

Problem 3: You are the manager of an apartment complex with 50 units. When you set rent at $800/month, all apartments are rented. As you increase
rent by $25/month, one fewer apartment is rented. Maintenance costs run
$50/month for each occupied unit. What is the rent that maximizes the total
amount of profit?

Answers: 2

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Problem 3: You are the manager of an apartment complex with 50 units. When you set rent at $800/mon...