
Concept explainers
Apartment Rental A real estate office manages an apartment complex with 50 units. When the rent is $780 per month, all 50 units are occupied. However, when the rent is $825, the average number of occupied units drops to 47. Assume that the relationship between the monthly rent p and the demand x is linear. (Note: The term demand refers to the number of occupied units.)
(a) Write a linear equation giving die demand x in terms of the rent p.
(b) Linear extrapolation Use a graphing utility to graph the demand equation and use the trace feature to predict the number of units occupied when the rent is raised to $855.
(c) Linear interpolation Predict the number of units occupied when the rent is lowered to $795. Verify graphically.

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Chapter P Solutions
Calculus
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- use Corollary 12.6.2 and 12.6.3 to derive 12.6.4,12.6.5, 12.6.6 and 12.6.7arrow_forwardExplain the focus and reasons for establishment of 12.5.1(lim(n->infinite) and sigma of k=0 to n)arrow_forwardExplain the focus and reasons for establishment of 12.5.3 about alternating series. and explain the reason why (sigma k=1 to infinite)(-1)k+1/k = 1/1 - 1/2 + 1/3 - 1/4 + .... converges.arrow_forward
- Explain the key points and reasons for the establishment of 12.3.2(integral Test)arrow_forwardUse identity (1+x+x2+...+xn)*(1-x)=1-xn+1 to derive the result of 12.2.2. Please notice that identity doesn't work when x=1.arrow_forwardExplain the key points and reasons for the establishment of 11.3.2(integral Test)arrow_forward
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