Posted by **Andrew** on Thursday, April 5, 2012 at 4:27pm.

a complex has 205 apartment units. When the rent is $635 per month all 205 units are occupied.Assume that for each $75 increase in rent 15 units becomes vacent. Assume that the number of occupied units is a linear function of the rent. Each occupied unit also requires an average of $60 per month for sevice charges. The rent charge should maximize the profits. Obtain a formula to show the profit.

## Answer This Question

## Related Questions

- Computer Programming - I'm trying to create a vba code that solves this problem...
- Calculus-Applied Optimization Problem - The manager of a large apartment complex...
- Math - Suppose you rent apartments in a large apartment complex. Currently there...
- Calculus - The manager of a 100 unit apartment complex knows from experience ...
- Math 115 - The manager of a large apartment complex knows from experience that ...
- optimization calculus - a real estate office manages 50 apartments in downtown ...
- Calculus - The manager of a large apartment complex knows from experience that ...
- Calculus - The manager of a large apartment complex knows from experience that ...
- Calculus - The manager of a large apartment complex knows from experience that ...
- Calculus - The manager of a large apartment complex knows from experience that ...

More Related Questions