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CalculusQ&A LibraryLynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profits (in dollars) realized from renting out x apartments is given byP(x) = -10x2 +1760x - 50,000To maximize the monthly rental profit, how many units should be rented out? What is the maximum monthly profit realizable?Question

Asked Nov 10, 2019

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Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profits (in dollars) realized from renting out x apartments is given by

P(x) = -10x^{2} +1760x - 50,000

To maximize the monthly rental profit, how many units should be rented out? What is the maximum monthly profit realizable?

Step 1

For maximum profit we will have dP/dx=0

Fro...

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