annyarias4008 annyarias4008

02-11-2022
Business

Answered

(1 point) the manager of a large apartment complex knows from experience that 90 units will be occupied if the rent is 424 dollars per month. a market survey suggests that, on the average, one additional unit will remain vacant for each 1 dollar increase in rent. similarly, one additional unit will be occupied for each 1 dollar decrease in rent. what rent should the manager charge to maximize revenue?

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