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IloveHW
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An apartment management firm tends an apartment block containing 150 units. All 150 units are rented at $460 per unit with each unit costing $72.50/month for utility and repairs. For every $25 rent increase, four fewer apartments are occupied. What rent should be charged in order to realize the most profit? (Assume that rent would only be increased by a multiple of $25.)
 4 months ago
 4 months ago
IloveHW Group Title
An apartment management firm tends an apartment block containing 150 units. All 150 units are rented at $460 per unit with each unit costing $72.50/month for utility and repairs. For every $25 rent increase, four fewer apartments are occupied. What rent should be charged in order to realize the most profit? (Assume that rent would only be increased by a multiple of $25.)
 4 months ago
 4 months ago

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IloveHW Group TitleBest ResponseYou've already chosen the best response.0
i am kinda confused how to start it
 4 months ago

IloveHW Group TitleBest ResponseYou've already chosen the best response.0
like their is so much info i dont know what to do
 4 months ago

BangkokGarrett Group TitleBest ResponseYou've already chosen the best response.0
r = rent Profit = [150  4*(r  460) / 25] * (r  72.5) There's a start
 4 months ago
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