A Company Handles an Apartment Building with 80 Units

question 108

Multiple Choice

A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? ​

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Definitions:

Amylase

An enzyme that helps digest carbohydrates by breaking them down into simpler sugars, primarily found in saliva and pancreatic fluid.

Vas Deferens

A long, muscular tube that transports mature sperm from the epididymis to the ejaculatory ducts in anticipation of ejaculation.

Seminal Vesicle

A pair of glands in males that produce and secrete a significant portion of the fluid component of semen.

Bulbourethral Gland

A gland in males that secretes a lubricating mucus fluid into the urethra during sexual arousal.