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Business, 31.07.2021 01:20 jordeng9369

You are the manager of an apartment complex with 50 units. When you set rent at $800/month, all apartments are rented. As you increase rent by $25/month, one fewer apartment is rented. Maintenance costs run $50/month for each occupied unit. What is the rent (in dollars) that maximizes the total amount of profit

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You are the manager of an apartment complex with 50 units. When you set rent at $800/month, all apar...
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