A Company Handles an Apartment Building with 50 Units

question 144

Multiple Choice

A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $380 per month, then all of the units will be filled; however, one unit will become vacant for each $30 increase in the monthly rate. If x represents the number of $30 increases, express the revenue R from the building as a function of x. ​

• A) ​R(x) = 380+30x
• B) R(x) = (380+30x)(50-x)
• C) R(x) = 50(380+30x)
• D) R(x) = 30(380-30x)(50-x)
• E) R(x) = 50(380-30x)

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Definitions:

Quantitative Data

Information that can be measured and written down with numbers.

Qualitative Data

Information that is descriptive and conceptual, often gathered through methods like interviews, observations, and subjective analysis, rather than numerical.

Decimal Places

The positions to the right of a decimal point in a number, each position representing a fraction of ten.

Row Totals

The sum of the values in a row within a table or matrix, reflecting the aggregate of those specific entries.