For individual or collaborative investigation (Exercises 57-60) Ifp units of an item are sold for x dollars per unit, the revenue is R px. Use this idea to analyze the following problem, working Exercises 57-60 in order. Number of Apartments Rented The manager of an 80-unit apartment complex knows from experience that at a rent of $300, all the units will be full. On the aver age, one additional unit will remain vacant for each $20 increase in rent over $300 Furthermore, the manager must keep at least 30 units rented due to other finan- cial considerations. Currently, the revenue from the complex is $35,000. How many apartments are rented?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Hi, the problem in the image is confusing. How do I set this pre-problem (before 57-60) up, and how do I solve it? I have tried to solve it but am left confused in the middle of the problem.

 

I have a test on Monday so if you can solve this before 9/21/19 that would be great.

For individual or collaborative investigation (Exercises 57-60)
Ifp units of an item are sold for x dollars per unit, the revenue is R px. Use this
idea to analyze the following problem, working Exercises 57-60 in order.
Number of Apartments Rented The manager of an 80-unit apartment complex
knows from experience that at a rent of $300, all the units will be full. On the aver
age, one additional unit will remain vacant for each $20 increase in rent over $300
Furthermore, the manager must keep at least 30 units rented due to other finan-
cial considerations. Currently, the revenue from the complex is $35,000. How many
apartments are rented?
Transcribed Image Text:For individual or collaborative investigation (Exercises 57-60) Ifp units of an item are sold for x dollars per unit, the revenue is R px. Use this idea to analyze the following problem, working Exercises 57-60 in order. Number of Apartments Rented The manager of an 80-unit apartment complex knows from experience that at a rent of $300, all the units will be full. On the aver age, one additional unit will remain vacant for each $20 increase in rent over $300 Furthermore, the manager must keep at least 30 units rented due to other finan- cial considerations. Currently, the revenue from the complex is $35,000. How many apartments are rented?
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