Annie's Apartments is looking to maximize their revenue this year. Annie noticed that when rent was set at $300 that 100 of her units were occupied, but that when she raised her rent to $350 only 90 of her units were occupied. Assuming a linear relation between rent prices and number of units occupied, what price should Annie charge to maximize her revenue from Annie's Apartments? (You must show work that has you finding the revenue function as well as a critical value on that function.)

Annie's Apartments is looking to maximize their revenue this year. Annie noticed that when rent was set at $300 that 100 of her units were occupied, but that when she raised her rent to $350 only 90 of her units were occupied. Assuming a linear relation between rent prices and number of units occupied, what price should Annie charge to maximize her revenue from Annie's Apartments? (You must show work that has you finding the revenue function as well as a critical value on that function.)

Name: Can you help me solve this problem? Annie's Apartments is looking to m
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Description: Can you help me solve this problem? Annie's Apartments is looking to maximize their revenue this year. Annie noticed that when rent was set at $300 that 100of her units were occupied, but that when she raised her rent to $350 only 90 of her units wer

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter7: Analytic Trigonometry

Section7.6: The Inverse Trigonometric Functions

Problem 91E

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