Math

CalculusQ&A LibraryaLumyn Electronics is currently renting their store space from Quality Holdings Corp.Quality Holdings owns a total of 250 commercial properties available for rent. The company's monthly profit, P, in dollars, is given by the equationP(n) = -8n2 + 3,200n – 80,000where n is the number of properties rented during a particular month.a) Would renting out all of the available properties maximize Quality Holdings’ profit?b) If not, what is the optimum number of properties that the company must have rented in order to maximize its profit?Question

a

Lumyn Electronics is currently renting their store space from Quality Holdings Corp.

Quality Holdings owns a total of 250 commercial properties available for rent. The company's monthly profit, P, in dollars, is given by the equation

P(n) = -8n2 + 3,200n – 80,000

where n is the number of properties rented during a particular month.

a) Would renting out all of the available properties maximize Quality Holdings’ profit?

b) If not, what is the optimum number of properties that the company must have rented in order to maximize its profit?

1 Rating

Find answers to questions asked by student like you

Q: a) and b) please

A: Part (a)The population of the town in 2016 is 63,000 and the growth rate is 2.3% per year.

Q: The sales of a product S(in thousands of dollars) are given by S= 600x/x+40 where x is the advertisi...

A: Given:The function that repesents the sales of a product S is

Q: Find the work required to move the object on the line segment. Please refer to attached image.

A: As a first step we need to parameterize the curve C. The curve has two points (1, 4, 1) and (4, 16, ...

Q: What's the domain of x-1 / (1 - e^(x - 3))

A: Since this function is a rational function, the denominator can't be equal to 0.

Q: Use properties of limits and algebraic methods to find the limit, if it exists. (If the limit is inf...

A: The given function is f(x)=(7x2-70x)/(x2-100).The limit is to be calculated.

Q: The following integral is The integral of g(x)dx from 7 to 2

A: The given integrals are,

Q: A bug is moving along the right side of the parabola y = x^2 at a rate such that its distance from t...

A: Let (x,y) be a point on the parabola y=x^2. Then (x,y)=(x,x^2).Let, distance from origin= p. Given, ...

Q: what are the steps to solving |x-4| > 9

A: We have to solve the inequality.Inequality is given below:

Q: Please help. Find the values of x for which the given geometric series converges. Also, find the sum...

A: (a)Consider the given geometric series: