Mathematics, 31.10.2021 05:20 rndbwls5760

A real estate company owns 120 apartments which are fully occupied when the rent is $800 per month. Analytics indicate that for each $40 increase in rent, 5 apartments will become unoccupied. What rent should be charged in order to obtain the largest gross income?

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A real estate company owns 120 apartments which are fully occupied when the rent is $800 per month....

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