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?

### Want to see the full answer?

Check out a sample Q&A here*star_border*

## Related Calculus Q&A

Find answers to questions asked by students like you.

Q: Clarissa has just completed her second semester in college. She eamed a grade of A in her 5-hour…

A: Given Data : Subject Hour Grade Grade Point Total Point = Grade Point*Hour Linear Algebra 5 A…

Q: If P(x) = 1+ 5x – 2x represents the profit in selling z thousand Boombotix speakers, how many…

A: Click to see the answer

Q: Susan has just completed her second semester in college. She earned a grade of C in her 1-hour…

A: Given information- Susan has earned C, A, D, and D in Topology, Economics, Biology, and speech…

Q: If the nuts vendor has a fixed cost of $550 and every pack of nuts cost him $2.50 to produced. By…

A: Given problem is :

Q: A homeowner wants to build, along his driveway, a garden surrounded by a fence. A rectangular garden…

A: Click to see the answer

Q: 2. A management company is going to build a new apartment complex. They know that if the complex…

A: Click to see the answer

Q: Bubba, a farmer, wants to fence-in a three-sided area next to his barn, using the side of the barn…

A: Click to see the answer

Q: A homeowner wants to build, along his driveway, a garden surrounded by a fence. (A rectangular…

A: Click to see the answer

Q: Clarissa has just completed her second semester in college. She earned a grade of C in her 1-hour…

A: Grades of Clarissa for second semester Grade C in 1 hour linear algebra course Grade C in 5 hour…

*question_answer*

Q: The Johnson Farm has 500 acres of land allotted for cultivating corn and wheat. The cost of…

A: Johnson Farm has 500 acres of land allotted for cultivating corn and wheat. Let, x acres was…

*question_answer*

Q: Susan has just completed her second semester in college. She earned a grade of D in her 2-hour…

A: Obtain the Susan’s grade-point average for the semester. The Susan’s grade-point average for the…

*question_answer*

Q: Susan has just completed her second semester in college. She earned a grade of D in her 2-hour…

A: Consider that A equals 4 points, a B equals 3 points, and a C equals 2 points, D equals 1 point…

*question_answer*

Q: Clarissa has just completed her second semester in college. She earned a grade of A in her 1-hour…

A: From the provided information, Total hours = 1 + 4 + 4 + 1 = 10

*question_answer*

Q: Susan has just completed her second semester in college. She earned a grade of C in her 5-hour…

A: Given : Grade : C in 5 hour course Grade : A in 4 hour course Grade : D in 3 hour course Grade : A…

*question_answer*

Q: Patty has just completed her second semester in college. She earned a grade of B in her 4-hour…

A: Given grade : Grade Hour B 4 A 1 C 5 C 4

*question_answer*

Q: A company manufactures two types of athletic shoes, jogging shoes and cross trainers. The total…

A: Click to see the answer

*question_answer*

Q: Find the maximum value of r + y subject to the constraint a2 + y? = 18.

A: The function is given by fx, y = x+y ..........1 The…

*question_answer*

Q: Clarissa has just completed her second semester in college. She earned a grade of A in her 2-hour…

A: Given: Clarissa earned grade A in 2 hour topology course, grade D in her 2-hour psychology course,…

*question_answer*

Q: Susan has just completed her second semester in college. She earned a grade of A in her 5-hour…

A: Consider that p defines the credit point and g defines the grade points. Then, the grade point…

*question_answer*

Q: has just completed her second semester in college. She earned a grade of D in her 4-hour discrete…

A: Susan's grade-point average for the semester = 2.5

*question_answer*

Q: Patty has just completed her second semester in college. She earned a grade of C in her 1-hour…

A: Click to see the answer

*question_answer*

Q: Clarissa has just completed her second semester in college. She earned a grade of D in her 4-hour…

A: Click to see the answer

*question_answer*

Q: Clarissa has just completed her second semester in college. She earned a grade of D in her 4-hour…

A: Click to see the answer

*question_answer*

Q: 1. After an aggressive marketing campaign in the local community, Lumyn Electronics discovered that…

A: To find the following parts, 1). The number of TV remote control that must be sold in one month in…

*question_answer*

Q: 1. After an aggressive marketing campaign in the local community, Lumyn Electronics discovered that…

A: The total cost in a month, C is given by the function:C = 25n2 - 1,500n + 25,000 where n represents…

*question_answer*

Q: What is the optimal value of the quadratic relation y = - 5 x^2 + 10?

A: Click to see the answer

*question_answer*

Q: Patty has just completed her second semester in college. She earned a grade of A in her 1-hour…

A: Click to see the answer

*question_answer*

Q: A manufacturer has RM8,000 to spend on the development and promotion of a new product. It is…

A: Derivative of a function is determined as the change of variable with respect to another variable.…

*question_answer*

Q: 19. A manufacturer has RM8,000 to spend on the development and promotion of a new product. It is…

A: Since solve the first question for you. If you want any specific question to be solved then please…

*question_answer*

Q: Jamie has just completed her second semester in college. She earned a grade of B in her 5-hour…

A: Given: A- 4 points B- 3 points C- 2 points D- 1 point F- 0 points

*question_answer*

Q: Suppose you are going on a trip and need to choose between two car rental companies. Company 1…

A: topic - linear function

*question_answer*

Q: A local travel agent has been authorized to sell three new vacation packages for a major airline .…

A: Given x1 is the number of packages sold of type1 (800$) Given x2 is the number of packages sold of…

*question_answer*

Q: A food manufacturing company wants to hire an auditing firm to assess their food safety performance.…

A: Suppose x hours be the break evn point, so for calculating total cost of a firm we need to add flat…

*question_answer*

Q: 1) Is (1, 6) a solution y = 4x + 2 y = x + 5

A: Click to see the answer

*question_answer*

Q: The manufacturer of a CD player has found that the revenue R (in dollars) is R (p)=-5p2 + 1920p…

A: Click to see the answer

*question_answer*

Q: 1 Explain if the point ( -2, 4) is a solution to the sytesm 3x + 4y = 10 and - 3x + y = 15 2

A: System of equations solution.

*question_answer*

Q: Graph the solution set. If there is n 2x+5y 2 5 - 3x+4y <4

A: Click to see the answer

*question_answer*

Q: ind the optimal Solution by - Simplex method (BigM met IAX Z 11xl 10x2 + 4x3 ubject to xl + 5x2 +…

A: Introduction: The simplex method is a method for testing vertices as potential solutions in a…

*question_answer*

Q: The marketing department of a company has determined that if it spends æ thousands of dollars on…

A: We first find the critical points of the function R(x,y), the points at which both the partial…

*question_answer*

Q: In a small business, if you invest "x" dollars in labor, and "y" dollars in machinery and equipment,…

A: Here we have to find the maximum production.

*question_answer*

Q: The inventor of a new game believes that the variable cost of producing the game is $1.95 per unit,…

A: Click to see the answer

*question_answer*

Q: ling to sell at any price above $50, and 50 of them are selling a high quality textbook and are…

A: The percentage of textbooks sold at low price is determined as, The high quality item is denoted as…

*question_answer*

Q: The DRW track team is preparing for its first meet of the season. They will purchase shoes at $50…

A: Click to see the answer

*question_answer*

Q: Concert promotions is planning a super concert with an estimated 50,000 tickets to be sold. The VIP…

A: Let the price of the each advanced tickets is $x. Given that VIP ticket price is to be twice that of…

*question_answer*

Q: As part of a weight reduction program, a man designs a monthly exercise program co more than the…

A: Click to see the answer

*question_answer*

Q: You have a choice between going to an in-state college where you would $6000 per year for tuition…

A: We have a choose a less expensive choice on an annual basis between going to an in-state college…

*question_answer*

Q: Solve the system using elimination. 2x + 3y = -2 Зх- бу %3D 18 ([?], [ ])

A: Click to see the answer

*question_answer*

Q: A wire 12 inches long is cut into two, one part is bent in the form of a circle, and the other into…

A: Click to see the answer

*question_answer*

Q: Find the minimum value of f(x,y)=48x2+30y2 subject to the constraint x2+y23D361

A: Since you have asked multiple questions in a single request we would be answering only the first…

*question_answer*

Q: A company manufactures two types of athletic shoes: jogging shoes and cross-trainers. The total…

A: Rx(x,y)= -10x-2y+42 Ry(x,y) = -16y-2x+102

*arrow_forward*

*arrow_forward*