The manager of a 97-unit apartment complex finds that all units are rented at a price of $1410 per month. Research shows that for each $30 increase in rent, one additional unit remains vacant. How much should he charge for rent in order to bring in maximum revenue and how many units are rented then?
The manager of a 97-unit apartment complex finds that all units are rented at a price of $1410 per month. Research shows that for each $30 increase in rent, one additional unit remains vacant. How much should he charge for rent in order to bring in maximum revenue and how many units are rented then?
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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Transcribed Image Text:The manager of a 97-unit apartment complex finds that all units are rented at a price of $1410 per month. Research shows that for each $30 increase in rent, one
additional unit remains vacant. How much should he charge for rent in order to bring in maximum revenue and how many units are rented then?
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Number of units rented:
per month
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