The owner of an apartment building can rent all 40 apartments if she charges $1,600 per month, but she rents one fewer apartment for each $50 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,600, $1,650, and $1,700. No. of Apts Rent Total Revenue $1,600 $ $1,650 $ $1,700 $ 40 39 38 (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,600 to $1,700? revenue increases O revenue decreases (c) Write an equation that gives the revenue R, from apartment rentals if she makes R(x) = (d) Find the revenue if she increases rent to $2200. $ per month increases of $50 in the rent.
The owner of an apartment building can rent all 40 apartments if she charges $1,600 per month, but she rents one fewer apartment for each $50 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,600, $1,650, and $1,700. No. of Apts Rent Total Revenue $1,600 $ $1,650 $ $1,700 $ 40 39 38 (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,600 to $1,700? revenue increases O revenue decreases (c) Write an equation that gives the revenue R, from apartment rentals if she makes R(x) = (d) Find the revenue if she increases rent to $2200. $ per month increases of $50 in the rent.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:The owner of an apartment building can rent all 40 apartments if she charges $1,600 per month, but she rents one fewer apartment for each $50 increase in monthly rent.
(a) Construct a table that gives the revenue generated if she charges $1,600, $1,650, and $1,700.
Rent Total Revenue
$1,600 $
$1,650 $
$1,700 $
No. of Apts
40
39
38
(b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,600 to $1,700?
O revenue increases
O revenue decreases
(c) Write an equation that gives the revenue R, from apartment rentals if she makes x increases of $50 in the rent.
R(x) =
(d) Find the revenue if she increases rent to $2200.
$
per month
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