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October 31, 2014

Homework Help: optimization calculus

Posted by Anonymous on Thursday, March 10, 2011 at 11:13am.

a real estate office manages 50 apartments in downtown building . when the rent is 900$ per month, all the units are occupied. for every 25$ increase in rent, one unit becomes vacant. on average , all units require 75$ in maintenance and repairs each month. how much rent should be real estate office charge to maximize profits?

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