What's the final answer with full working out please, I'm confused A real-estate firm owns 100 apartments. At 700 OMR per month, each apartment can berented. However, for each 50 OMR per-month-increase, there will be two vacancies with no possibility offilling them. What rent per apartment will maximize monthly revenue?.

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Answered: A real-estate firm owns 100 apartments.…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
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A real-estate firm owns 100 apartments. At 700 OMR per month, each apartment can be rented. However, for each 50 OMR per-month-increase, there will be two vacancies with no possibility of filling them. What rent per apartment will maximize monthly revenue?.