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A real estate office handles a 90-unit apartment complex. When the rent is $590 per month, all units are occupied. For each $45 increase in rent, however, an average of one unit becomes vacant. Each occupied unit requires an average of $55 per month for service and repairs. What rent should be charged to obtain a maximum profit?
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A real estate office handles a 90-unit apartment complex. When the rent is $590 per month, all units...
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