Quantcast

Got Homework?

Connect with other students for help. It's a free community.

  • across
    MIT Grad Student
    Online now
  • laura*
    Helped 1,000 students
    Online now
  • Hero
    College Math Guru
    Online now

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

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

  • This Question is Closed
  1. IloveHW Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    i am kinda confused how to start it

    • 4 months ago
  2. IloveHW Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    like their is so much info i dont know what to do

    • 4 months ago
  3. BangkokGarrett Group Title
    Best Response
    You've already chosen the best response.
    Medals 0

    r = rent Profit = [150 - 4*(r - 460) / 25] * (r - 72.5) There's a start

    • 4 months ago
    • Attachments:

See more questions >>>

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.