10th Edition

ISBN: 9780134672090

Author: Demana

Publisher: PEARSON

Concept explainers

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Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…

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Expert Solution & Answer

Chapter 2.1, Problem 58E

Solution

a.

To Determine:

The function Rx that models the total rental income where x represents the number of $100 decreases in the monthly rent.

The total rental income is Rx=2000x+420−x in dollars per month.

Given:

320rental units are available.

80 rentals are active when monthly rent is $1000 .

Survey indicates that a $100 decrease in monthly rent increases the number of the active rentals by 20 .

Concepts Used:

Determining a linear relationship using rate of change and one point.

Definition of revenue as price times quantity sold.

Calculations:

Determine the relation between number of active rentals y and the number of $100 reductions x done on the original monthly rent of $2000 . It is given that a $100 decrease in monthly rent increases the number of the active rentals by 20 . There is a linear relationship between y and x . Write the given information mathematically:

Change in active rentalsChange in Monthly rent=+20−100number of Active rentals−original number of active rentalsnumber of $100 decreases ×−100=+20−100y−80−100x=1−5y=20x+80y=20x+4

Note that the new monthly rent will be:

original rent − number of $100 decreases ×100=2000−100x

Calculate the revenue function.

The total monthly revenue is the product of number of active rentals y and the monthly rent 2000−100x .

Total monthly Revenue = number of active rentals × monthly rentRx=y×2000−100xRx=20x+4×10020−xRx=2000x+420−x

Conclusion:

The total rental income is Rx=2000x+420−x in dollars per month.

b.

To Graph:

The revenue function Rx for rent levels between $800 and $2000 (that is 0≤x≤12 ) that shows a maximum for Rx .

Given:

320rental units are available.

80 rentals are active when monthly rent is $1000 .

Survey indicates that a $100 decrease in monthly rent increases the number of the active rentals by 20 .

Known from previous part:

The total rental income is Rx=2000x+420−x in dollars per month.

Concepts Used:

Graphing a function.

Calculations:

Plot the revenue function Rx=2000x+420−x . Indicate the point of maximum revenue.

Conclusion:

The revenue function Rx is plotted above for rent levels between $800 and $2000 (that is 0≤x≤12 ). The graph shows a maximum for Rx=288000 when x=8 .

c.

To Calculate:

The rent which will yield the maximum monthly income.

$1200 is the monthly rent which will yield the maximum monthly income.

Given:

320rental units are available.

80 rentals are active when monthly rent is $1000 .

Survey indicates that a $100 decrease in monthly rent increases the number of the active rentals by 20 .

Known from previous parts:

The function Rx models the total rental income where x represents the number of $100 decreases in the monthly rent.

The monthly rent is 2000−100x .

The maximum for Rx=288000 when x=8 .

Concepts Used:

Substitution.

Calculations:

The maximum revenue Rx=288000 known to occur when x=8 . The corresponding monthly rent is :

Monthly rent when value of x is 8=2000−100xx=8=2000−100×8=2000−800=1200

Conclusion:

$1200 is the monthly rent which will yield the maximum monthly income.

Chapter 2.1, Problem 57E

Chapter 2.1, Problem 59E

Chapter 2 Solutions

PRECALCULUS:GRAPHICAL,...-NASTA ED.

Ch. 2.1 - Prob. 1QR Ch. 2.1 - Prob. 2QR Ch. 2.1 - Prob. 3QR Ch. 2.1 - Prob. 4QR Ch. 2.1 - Prob. 5QR Ch. 2.1 - Prob. 6QR Ch. 2.1 - Prob. 7QR Ch. 2.1 - Prob. 8QR Ch. 2.1 - Prob. 9QR Ch. 2.1 - Prob. 10QR

Ch. 2.1 - Prob. 1E Ch. 2.1 - Prob. 2E Ch. 2.1 - Prob. 3E Ch. 2.1 - Prob. 4E Ch. 2.1 - Prob. 5E Ch. 2.1 - Prob. 6E Ch. 2.1 - Prob. 7E Ch. 2.1 - Prob. 8E Ch. 2.1 - Prob. 9E Ch. 2.1 - Prob. 10E Ch. 2.1 - Prob. 11E Ch. 2.1 - Prob. 12E Ch. 2.1 - Prob. 13E Ch. 2.1 - Prob. 14E Ch. 2.1 - Prob. 15E Ch. 2.1 - Prob. 16E Ch. 2.1 - Prob. 17E Ch. 2.1 - Prob. 18E Ch. 2.1 - Prob. 19E Ch. 2.1 - Prob. 20E Ch. 2.1 - Prob. 21E Ch. 2.1 - Prob. 22E Ch. 2.1 - Prob. 23E Ch. 2.1 - Prob. 24E Ch. 2.1 - Prob. 25E Ch. 2.1 - Prob. 26E Ch. 2.1 - Prob. 27E Ch. 2.1 - Prob. 28E Ch. 2.1 - Prob. 29E Ch. 2.1 - Prob. 30E Ch. 2.1 - Prob. 31E Ch. 2.1 - Prob. 32E Ch. 2.1 - Prob. 33E Ch. 2.1 - Prob. 34E Ch. 2.1 - Prob. 35E Ch. 2.1 - Prob. 36E Ch. 2.1 - Prob. 37E Ch. 2.1 - Prob. 38E Ch. 2.1 - Prob. 39E Ch. 2.1 - Prob. 40E Ch. 2.1 - Prob. 41E Ch. 2.1 - Prob. 42E Ch. 2.1 - Prob. 43E Ch. 2.1 - Prob. 44E Ch. 2.1 - Prob. 45E Ch. 2.1 - Prob. 46E Ch. 2.1 - Prob. 47E Ch. 2.1 - Prob. 48E Ch. 2.1 - Prob. 49E Ch. 2.1 - Prob. 50E Ch. 2.1 - 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Prob. 1QR Ch. 2.5 - Prob. 2QR Ch. 2.5 - Prob. 3QR Ch. 2.5 - Prob. 4QR Ch. 2.5 - Prob. 5QR Ch. 2.5 - Prob. 6QR Ch. 2.5 - Prob. 7QR Ch. 2.5 - Prob. 8QR Ch. 2.5 - Prob. 9QR Ch. 2.5 - Prob. 10QR Ch. 2.5 - Prob. 1E Ch. 2.5 - Prob. 2E Ch. 2.5 - Prob. 3E Ch. 2.5 - Prob. 4E Ch. 2.5 - Prob. 5E Ch. 2.5 - Prob. 6E Ch. 2.5 - Prob. 7E Ch. 2.5 - Prob. 8E Ch. 2.5 - Prob. 9E Ch. 2.5 - Prob. 10E Ch. 2.5 - Prob. 11E Ch. 2.5 - Prob. 12E Ch. 2.5 - Prob. 13E Ch. 2.5 - Prob. 14E Ch. 2.5 - Prob. 15E Ch. 2.5 - Prob. 16E Ch. 2.5 - Prob. 17E Ch. 2.5 - Prob. 18E Ch. 2.5 - Prob. 19E Ch. 2.5 - Prob. 20E Ch. 2.5 - Prob. 21E Ch. 2.5 - Prob. 22E Ch. 2.5 - Prob. 23E Ch. 2.5 - Prob. 24E Ch. 2.5 - Prob. 25E Ch. 2.5 - Prob. 26E Ch. 2.5 - Prob. 27E Ch. 2.5 - Prob. 28E Ch. 2.5 - In Exercises 2732, find all of the zeros and write...Ch. 2.5 - In Exercises 2732, find all of the zeros and write...Ch. 2.5 - Prob. 31E Ch. 2.5 - Prob. 32E Ch. 2.5 - Prob. 33E Ch. 2.5 - Prob. 34E Ch. 2.5 - Prob. 35E Ch. 2.5 - Prob. 36E Ch. 2.5 - Prob. 37E Ch. 2.5 - 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Prob. 21E Ch. 2.7 - Prob. 22E Ch. 2.7 - Prob. 23E Ch. 2.7 - Prob. 24E Ch. 2.7 - Prob. 25E Ch. 2.7 - Prob. 26E Ch. 2.7 - Prob. 27E Ch. 2.7 - Prob. 28E Ch. 2.7 - Prob. 29E Ch. 2.7 - Prob. 30E Ch. 2.7 - Prob. 31E Ch. 2.7 - Prob. 32E Ch. 2.7 - Prob. 33E Ch. 2.7 - Prob. 34E Ch. 2.7 - Prob. 35E Ch. 2.7 - Prob. 36E Ch. 2.7 - Prob. 37E Ch. 2.7 - Prob. 38E Ch. 2.7 - Prob. 39E Ch. 2.7 - Prob. 40E Ch. 2.7 - Prob. 41E Ch. 2.7 - Prob. 42E Ch. 2.7 - Prob. 43E Ch. 2.7 - Prob. 44E Ch. 2.7 - Prob. 45E Ch. 2.7 - Prob. 46E Ch. 2.7 - Prob. 47E Ch. 2.7 - Prob. 48E Ch. 2.7 - Prob. 49E Ch. 2.7 - Prob. 50E Ch. 2.7 - Prob. 51E Ch. 2.7 - Prob. 52E Ch. 2.7 - Prob. 53E Ch. 2.7 - Prob. 54E Ch. 2.7 - Prob. 55E Ch. 2.8 - Prob. 1QR Ch. 2.8 - Prob. 2QR Ch. 2.8 - Prob. 3QR Ch. 2.8 - Prob. 4QR Ch. 2.8 - Prob. 5QR Ch. 2.8 - Prob. 6QR Ch. 2.8 - Prob. 7QR Ch. 2.8 - Prob. 8QR Ch. 2.8 - Prob. 9QR Ch. 2.8 - Prob. 10QR Ch. 2.8 - Prob. 1E Ch. 2.8 - Prob. 2E Ch. 2.8 - Prob. 3E Ch. 2.8 - Prob. 4E Ch. 2.8 - Prob. 5E Ch. 2.8 - Prob. 6E Ch. 2.8 - Prob. 7E Ch. 2.8 - Prob. 8E Ch. 2.8 - Prob. 9E Ch. 2.8 - Prob. 10E Ch. 2.8 - Prob. 11E Ch. 2.8 - Prob. 12E Ch. 2.8 - Prob. 13E Ch. 2.8 - Prob. 14E Ch. 2.8 - Prob. 15E Ch. 2.8 - Prob. 16E Ch. 2.8 - Prob. 17E Ch. 2.8 - Prob. 18E Ch. 2.8 - Prob. 19E Ch. 2.8 - Prob. 20E Ch. 2.8 - Prob. 21E Ch. 2.8 - Prob. 22E Ch. 2.8 - Prob. 23E Ch. 2.8 - Prob. 24E Ch. 2.8 - Prob. 25E Ch. 2.8 - Prob. 26E Ch. 2.8 - Prob. 27E Ch. 2.8 - Prob. 28E Ch. 2.8 - Prob. 29E Ch. 2.8 - Prob. 30E Ch. 2.8 - Prob. 31E Ch. 2.8 - Prob. 32E Ch. 2.8 - Prob. 33E Ch. 2.8 - Prob. 34E Ch. 2.8 - Prob. 35E Ch. 2.8 - Prob. 36E Ch. 2.8 - Prob. 37E Ch. 2.8 - Prob. 38E Ch. 2.8 - Prob. 39E Ch. 2.8 - Prob. 40E Ch. 2.8 - Prob. 41E Ch. 2.8 - Prob. 42E Ch. 2.8 - Prob. 43E Ch. 2.8 - Prob. 44E Ch. 2.8 - Prob. 45E Ch. 2.8 - Prob. 46E Ch. 2.8 - Prob. 47E Ch. 2.8 - Prob. 48E Ch. 2.8 - Prob. 49E Ch. 2.8 - Prob. 50E Ch. 2.8 - Prob. 51E Ch. 2.8 - Prob. 52E Ch. 2.8 - Prob. 53E Ch. 2.8 - Prob. 54E Ch. 2.8 - Prob. 55E Ch. 2.8 - Prob. 56E Ch. 2.8 - Prob. 57E Ch. 2.8 - Prob. 58E Ch. 2.8 - Prob. 59E Ch. 2.8 - Prob. 60E Ch. 2.8 - Prob. 61E Ch. 2.8 - Prob. 62E Ch. 2.8 - Prob. 63E Ch. 2.8 - Prob. 64E Ch. 2.8 - Prob. 65E Ch. 2.8 - Prob. 66E Ch. 2.8 - Prob. 67E Ch. 2.8 - Prob. 68E Ch. 2.8 - Prob. 69E Ch. 2.8 - Prob. 70E Ch. 2.8 - Prob. 71E Ch. 2.8 - Prob. 72E Ch. 2.8 - Prob. 75E Ch. 2.8 - Prob. 76E Ch. 2 - Prob. 1RE Ch. 2 - Prob. 2RE Ch. 2 - Prob. 3RE Ch. 2 - Prob. 4RE Ch. 2 - Prob. 5RE Ch. 2 - Prob. 6RE Ch. 2 - Prob. 7RE Ch. 2 - Prob. 8RE Ch. 2 - Prob. 9RE Ch. 2 - Prob. 10RE Ch. 2 - Prob. 11RE Ch. 2 - Prob. 12RE Ch. 2 - Prob. 13RE Ch. 2 - Prob. 14RE Ch. 2 - Prob. 15RE Ch. 2 - Prob. 16RE Ch. 2 - Prob. 17RE Ch. 2 - Prob. 18RE Ch. 2 - Prob. 19RE Ch. 2 - Prob. 20RE Ch. 2 - Prob. 21RE Ch. 2 - Prob. 22RE Ch. 2 - Prob. 23RE Ch. 2 - Prob. 24RE Ch. 2 - Prob. 25RE Ch. 2 - Prob. 26RE Ch. 2 - Prob. 27RE Ch. 2 - Prob. 28RE Ch. 2 - Prob. 29RE Ch. 2 - Prob. 30RE Ch. 2 - Prob. 31RE Ch. 2 - Prob. 32RE Ch. 2 - Prob. 33RE Ch. 2 - Prob. 34RE Ch. 2 - Prob. 35RE Ch. 2 - Prob. 36RE Ch. 2 - Prob. 37RE Ch. 2 - Prob. 38RE Ch. 2 - Prob. 39RE Ch. 2 - Prob. 40RE Ch. 2 - Prob. 41RE Ch. 2 - Prob. 42RE Ch. 2 - Prob. 43RE Ch. 2 - Prob. 44RE Ch. 2 - Prob. 45RE Ch. 2 - Prob. 46RE Ch. 2 - Prob. 47RE Ch. 2 - Prob. 48RE Ch. 2 - Prob. 49RE Ch. 2 - Prob. 50RE Ch. 2 - Prob. 51RE Ch. 2 - Prob. 52RE Ch. 2 - Prob. 53RE Ch. 2 - Prob. 54RE Ch. 2 - Prob. 55RE Ch. 2 - Prob. 56RE Ch. 2 - Prob. 57RE Ch. 2 - Prob. 58RE Ch. 2 - Prob. 59RE Ch. 2 - Prob. 60RE Ch. 2 - Prob. 61RE Ch. 2 - Prob. 62RE Ch. 2 - Prob. 63RE Ch. 2 - Prob. 64RE Ch. 2 - Prob. 65RE Ch. 2 - Prob. 66RE Ch. 2 - Prob. 67RE Ch. 2 - Prob. 68RE Ch. 2 - Prob. 69RE Ch. 2 - Prob. 70RE Ch. 2 - Prob. 71RE Ch. 2 - Prob. 72RE Ch. 2 - Prob. 73RE Ch. 2 - Prob. 74RE Ch. 2 - Prob. 75RE Ch. 2 - Prob. 76RE Ch. 2 - Prob. 77RE Ch. 2 - Prob. 78RE Ch. 2 - Prob. 79RE Ch. 2 - Prob. 80RE Ch. 2 - Prob. 81RE Ch. 2 - Prob. 82RE Ch. 2 - Prob. 83RE Ch. 2 - Prob. 84RE Ch. 2 - Prob. 85RE Ch. 2 - Prob. 86RE Ch. 2 - Prob. 87RE Ch. 2 - Prob. 88RE Ch. 2 - Prob. 89RE Ch. 2 - Prob. 90RE Ch. 2 - Prob. 91RE Ch. 2 - Prob. 92RE Ch. 2 - Prob. 93RE Ch. 2 - Prob. 94RE Ch. 2 - Prob. 95RE Ch. 2 - Prob. 96RE Ch. 2 - Prob. 97RE Ch. 2 - Prob. 98RE Ch. 2 - Prob. 99RE

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