Homework Answers
If Greg rents his condominium for 10 days , the profit made by
Greg equals $ 500 
10 days = $ 5000
If he rents his condominium for 16 days, the profit made by Greg
equals $ 400
16 days = $ 6400
Difference in profit = $ 6400 - $ 5000 = $ 1400
The advice to Greg is to rent his condominium for 16 days instead of 10 days because by renting out for 16 days, he will make an additional profit of $ 1400.
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