Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 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.)
 3 months ago
 3 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.)
 3 months ago
 3 months ago

This Question is Closed

IloveHW Group TitleBest ResponseYou've already chosen the best response.0
i am kinda confused how to start it
 3 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
 3 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
 3 months ago
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
 Engagement 19 Mad Hatter
 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.