The manager of 100 apartments knows that at $ \$ 600 $ rent per month, all apartments will be rented. For each \$25 increase, one apartment will not be occupied. Let $ x $ represent the number of $ \$ 25 $ increases to the rent.
(a) Write the revenue as a function of $ x $.
(b) What rent per unit will yield maximum revenue?
(c) What is the maximum revenue? ch02_p13_20 3/31/10 8:49 AM Page 15

Question

Quizplus · Accepted Answer

The Answer of The manager of 100 apartments knows that at $ \$ 600 $ rent per month, all apartments will be rented. For each \$25 increase, one apartment will not be occupied. Let $ x $ represent the number of $ \$ 25 $ increases to the rent.
(a) Write the revenue as a function of $ x $.
(b) What rent per unit will yield maximum revenue?
(c) What is the maximum revenue? ch02_p13_20 3/31/10 8:49 AM Page 15

The Manager of 100 Apartments Knows That At $600 \$ 600 $600

The Manager of 100 Apartments Knows That At $\$ 600$