Solved: Maximum Profit A real estate office handles an
Chapter , Problem 24(choose chapter or problem)
Maximum Profit A real estate office handles an apartment building that has 50 units. When the rent is $540 per month, all units are occupied. However, for each $30 increase in rent, one unit becomes vacant. Each occupied unit requires an average of $18 per month for service and repairs. What rent should be charged to obtain the maximum profit?
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