The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $60 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,860, and $1,920. No. of Apts Rent Total Revenue 60 $1,800 $ 59 $1,860 $ 58 $1,920 $ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,920? (c) Write an equation that gives the revenue R, from apartment rentals if she makes x increases of $60 in the rent.R(x) = (d) Find the rent she should charge to maximize her revenue.$ per month

The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $60 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,860, and $1,920. No. of Apts Rent Total Revenue 60 $1,800 $ 59 $1,860 $ 58 $1,920 $ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,920? (c) Write an equation that gives the revenue R, from apartment rentals if she makes x increases of $60 in the rent.R(x) = (d) Find the rent she should charge to maximize her revenue.$ per month

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter5: Systems Of Equations And Inequalities

Section5.2: Systems Of Linear Equations In Several Variables

Problem 46E

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