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A Company Handles an Apartment Building with 80 Units

Question 14

Multiple Choice

A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month?

A) A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? A) B) C) D) E)
B) A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? A) B) C) D) E)
C) A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? A) B) C) D) E)
D) A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? A) B) C) D) E)
E) A company handles an apartment building with 80 units. Experience has shown that if the rent for each of the units is $360 per month, all the units will be filled, but 1 unit will become vacant for each $10 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $600 per month? A) B) C) D) E)

A Company Handles an Apartment Building with 80 Units

Multiple Choice

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