Tuesday
September 23, 2014

Homework Help: Calc Help Please

Posted by Anonymous on Thursday, August 8, 2013 at 4:05pm.

The manager of a large apartment complex knows from experience that 100 units will be occupied if the rent is 416 dollars per month. A market survey suggests that, on the average, one additional unit will remain vacant for each 8 dollar increase in rent. Similarly, one additional unit will be occupied for each 8 dollar decrease in rent. What rent should the manager charge to maximize revenue?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Calc - The manager of a large apartment complex knows from experience that 100 ...
Calculus-Applied Optimization Problem - The manager of a large apartment complex...
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 ...
Calculus - The manager of a large apartment complex knows from experience that ...
optimization - The manager of a large apartment complex knows from experience ...
Calculus Optimization - The manager of a large apartment complex knows from ...
Calculus - The manager of a 100 unit apartment complex knows from experience ...

Search
Members