A real estate office handles an apartment complex with 60 units. When the rent per unit is $98 per month, all 60 units are occupied. However, when the rent is $630 per month, the average number of occupied units drops to 46. Assume that the relationship between the monthly rent p and the demand x is linear. Select the equation of the line giving the demand x in terms of the rent p. x =-38p + 62.58 х%3D 14р + 62.58 х%3 —38р - 62.58 x = 532p + 62.58 p + 62.58 x =
A real estate office handles an apartment complex with 60 units. When the rent per unit is $98 per month, all 60 units are occupied. However, when the rent is $630 per month, the average number of occupied units drops to 46. Assume that the relationship between the monthly rent p and the demand x is linear. Select the equation of the line giving the demand x in terms of the rent p. x =-38p + 62.58 х%3D 14р + 62.58 х%3 —38р - 62.58 x = 532p + 62.58 p + 62.58 x =
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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Question
![A real estate office handles an apartment complex with 60 units. When the rent per unit is $98 per month, all 60
units are occupied. However, when the rent is $630 per month, the average number of occupied units drops to
46. Assume that the relationship between the monthly rent p and the demand x is linear.
Select the equation of the line giving the demand x in terms of the rent p.
x =-38p + 62.58
X =
= 14p + 62.58
х%3 —38р — 62.58
x = 532p + 62.58
x = -
38
+ 62.58](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8686dac3-4f6e-4646-84e4-ae4e8d8b3051%2F48c9df75-42ff-41e8-b20b-06649ac8a16e%2F1z6e2r_processed.png&w=3840&q=75)
Transcribed Image Text:A real estate office handles an apartment complex with 60 units. When the rent per unit is $98 per month, all 60
units are occupied. However, when the rent is $630 per month, the average number of occupied units drops to
46. Assume that the relationship between the monthly rent p and the demand x is linear.
Select the equation of the line giving the demand x in terms of the rent p.
x =-38p + 62.58
X =
= 14p + 62.58
х%3 —38р — 62.58
x = 532p + 62.58
x = -
38
+ 62.58
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