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A Real Estate Office Handles an Apartment Complex with 60 138- \frac { 1 } { 38 }

Question 57

Multiple Choice

A real estate office handles an apartment complex with 60 units.When the rent per unit is $98 per month,all 60 units are occupied.However,when the rent is $630 per month,the average number of occupied units drops to 46.Assume that the relationship between the monthly rent p and the demand x is linear. Select the equation of the line giving the demand x in terms of the rent p.
?


A) x = 532p + 62.58
B) x = -38p - 62.58
C) x = 138- \frac { 1 } { 38 } p + 62.58
D) x = -38p + 62.58
E) x = 14p + 62.58

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