Maximizing Profits An apartment complex has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartment units is given by the following function. p(x)=-10x^2+1660x-4700 To maximize the monthly rental profit, how many units should be rented out? What is the maximum monthly profit (in dollars) realizable?
Maximizing Profits An apartment complex has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartment units is given by the following function. p(x)=-10x^2+1660x-4700 To maximize the monthly rental profit, how many units should be rented out? What is the maximum monthly profit (in dollars) realizable?
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.CR: Chapter Review
Problem 80E
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Maximizing Profits
An apartment complex has 100 two-bedroom units. The monthly profit (in dollars) realized from renting out x apartment units is given by the following function.
p(x)=-10x^2+1660x-4700
To maximize the monthly rental profit, how many units should be rented out?
What is the maximum monthly profit (in dollars) realizable?
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