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) = -10x2 + 1,620x - 49,000 To maximize the monthly rental profit, how many units should be rented out? units What is the maximum monthly profit (in dollars) realizable?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section: Chapter Questions
Problem 80E: Maximum Profit The profit P (in dollars) generated by selling x units of a certain commodity ¡s...
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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.12

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) = -10x2 + 1,620x - 49,000
To maximize the monthly rental profit, how many units should be rented out?
units
What is the maximum monthly profit (in dollars) realizable?
$
Transcribed Image Text: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) = -10x2 + 1,620x - 49,000 To maximize the monthly rental profit, how many units should be rented out? units What is the maximum monthly profit (in dollars) realizable? $
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