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What rent should the manager charge to maximize revenue?: Optimization Problem Calculus?
The manager of a large apartment complex knows from experience that 100 units will be occupied if the rent is 468 dollars per month. A market survey suggests that, on the average, one additional unit will remain vacant for each 9 dollar increase in rent. Similarly, one additional unit will be occupied for each 9 dollar decrease in rent. What rent should the manager charge to maximize revenue? PLEASE HELP!
(100-X)(468 +9X)=
(100+X)(468-9X)=
y=-9x^2+432x+46800
dy/dx=432-18x
0=432-18x
x=24
$252.00 rent for max revenue
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No Reserve! 5 Day Auction! Sweet Home Birmingham Alabama! Fix N Rent or Flip! $710.00 |
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READY TO REHAB AND RENT IN BALTIMORE! BID ON DOWN PAYMENT! $202.50 |
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Adorable 3 bedroom House with Detached Workshop Rent-to-own/Purchase Option $299.00 |
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4 bedroom Cypress Ranch House in Country for Sale / Rent-to-Own/Purchase Option $299.00 |
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Florida Waterfront Home with Direct Access to Gulf of Mexico Rent to Own Option $299.00 |
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5 bedroom 1915 Historic Victorian House for Sale / Rent-to-Own/Purchase Option $299.00 |
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Baltimore / Mt Vernon Restaurant / Retail Space for Rent $3,775.00 |
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Great Rental Great return. potential $800/month rent–charming 3 bed, 1.5 Bath $17,500.00 |
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BEAUTIFUL FLORIDA CONDO FOR RENT $550.PER MONTH ON GOLF COURSE W/POOL, PARKING $550.00 |
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Hawaiian Shaved Ice and Snow Cone Machine Party Package $44.95 Make your own shaved ice or snow cones at home with our Shaved Ice Party package direct from the professionals at Hawaiian Shaved Ice. Our Shaved Ice Party Package comes with the S900A Shaved Ice Machine, 2 ice molds, 16 ounce bottles of cherry, grape and blue raspberry premium syrup along with 25 snow cone cups, 25 spoon straws and 3 push-pull pourers. Trust the professionals at Hawaiian Shaved I… |
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Wilton 2104-9008 Chocolate Pro 3-Tier Chocolate Fountain $59.99 Serve melted chocolate with style and finesse with the Chocolate Pro fountain by Wilton. Using three tiers, this electric fountain holds up to four pounds of chocolate and continuously flows down the levels, allowing you to dip your snacks and fruits. It is great for parties and gatherings, and really makes your party more distinguished…. |
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Nostalgia Electrics CFF-986 3-Tier Chocolate Fondue Fountain, Stainless Steel $45.26 Forget the Big Rock Candy Mountain – no point seeking something you can’t find when you can have the rich taste of chocolate with this nifty chocolate fountain. Dazzle your party with this elegant device that sends chocolate cascading down into a pool of lusciousness. Enjoy the fun as your guests dip fresh strawberries, marshmallows, pretzels or cookies into the rich goodness. Fountain is easy to … |
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Wicked (2003 Original Broadway Cast) $9.98 All products are BRAND NEW and factory sealed. Fast shipping and 100% Satisfaction Guaranteed…. |
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The Last Waltz (Special Edition) $6.61 Martin Scorsese’s acclaimed rockumentary of The Band’s 1976 “farewell” performance blends concert footage, interviews and session recordings into one of the greatest concert films of all time. Guests include Neil Young, Eric Clapton, Emmylou Harris, Muddy Waters, Joni Mitchell, Van Morrison, Neil Diamond, Dr. John, The Staples Singers, Ringo Starr, Bob Dylan, and Ronnie Hawkins. 117 min. Widescree… |
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Baby Signing Time Volume 1 DVD $13.99 BABY SIGNING TIME VOL 1 – DVD Movie… |
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Men In Black $2.99 … |
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A Dangerous Method $3.99 … |
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Rise Of The Planet of the Apes $3.99 … |
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Dremel 7300-PT 4.8-Volt Pet Grooming Kit $24.97 The Dremel Pet Grooming Kit offers a safe, effective way to keep your pet’s nails neat and trim. Rather than risk damage and discomfort with clippers or scissors, use the kit’s rotary tool for painless, easy grooming of your pet’s nails. The rotary tool gently grinds down claws using speeds that are appropriate to the task. And because it is cordless, the rotary tool provides optimum control over … |
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