A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $720 per month, all of the units will be lled, but 1 unit will become vacant for each $20 increase in this monthly rate. At what price is revenue maximum? What is the maximum revenue and how many apartments are rented to reach this max?

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A: Original Value =$13,000 Salvage Value =$4,000 Time =5 years Depreciation over 5 years = Original…

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A: Cost of ipod to the store is $110 each.

Q: onths up to October 2020. The Actual sales renect a 5 % lower number than the forecasted demand for…

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Q: Need help with formula Rows 36 – Actual Demand (Lifeguards/Day) – For each day of the week,…

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A:

Q: Suppose that a firm had a production function given by: q=2L0.5K0.25. The rental rate for the firm…

A: The production function is :Solve the optimization problem condition for K.

Q: Alexia your friend is a busy mandating company who is selling 1950 television sets a week at $540…

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A:

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A:

Q: 1. The Jalopy Car Rental can rent 95 cars per day at a rate of $12 per day. For each $1 decrease n…

A: Given query is to find the maximum revenue.

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Q: Suppose demand is given by p = 1600 − x. Find the maximum revenue.

A: