Business, 30.03.2021 01:30, nando3024

An apartment complex can rent all 150 of its one-bedroom apartments at a monthly rate of $650. For each $10 increase in rent, 2 additional apartments are left unoccupied. There are 3 parts to this question. Make sure you answer all 3 in your short answer submission. a) How many apartments will they be able to rent if they charge a monthly rent of $(650+10x)? b) Assuming the monthly rent is $(650+10x), how much rent will they collect in this situation? c) At what monthly rate should each apramtnet be rented in order to maximize the total rent collected? You must use Calculus to solve this part. g

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An apartment complex can rent all 150 of its one-bedroom apartments at a monthly rate of $650. For e...