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The Manager of a -Unit Apartment Complex Knows from Experience

Question 141

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The manager of a The manager of a -unit apartment complex knows from experience that all units will be occupied if the rent is per month. A market survey suggests that, on the average, one additional unit will remain vacant for each increase in rent. What rent should the manager charge to maximize revenue? -unit apartment complex knows from experience that all units will be occupied if the rent is The manager of a -unit apartment complex knows from experience that all units will be occupied if the rent is per month. A market survey suggests that, on the average, one additional unit will remain vacant for each increase in rent. What rent should the manager charge to maximize revenue? per month. A market survey suggests that, on the average, one additional unit will remain vacant for each The manager of a -unit apartment complex knows from experience that all units will be occupied if the rent is per month. A market survey suggests that, on the average, one additional unit will remain vacant for each increase in rent. What rent should the manager charge to maximize revenue? increase in rent. What rent should the manager charge to maximize revenue?

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