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The owner of an apartment building can rent all 60 apartments if she charges $1,600 per...
The owner of an apartment building can rent all 60 apartments if she charges $1,800 per...
The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $50 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,850, and $1,900. No. of Apts 60 Rent Total Revenue $1,800 s 59 $1,850$ $1,900$ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,900? O revenue increases...
PLEASE SHOW ALL WORK A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $720 per month, all of the units will be filled, but 1 unit w...
PLEASE SHOW ALL WORK A company handles an apartment building with 50 units. Experience has shown that if the rent for each of the units is $720 per month, all of the units will be filled, but 1 unit will become vacant for each $20 increase in this monthly rate. (a) At what price is revenue maximum? What is the maximum revenue and how many apartments are rented to reach this max? (b) If the monthly cost of maintaining the...
The owner of a skating rink rents the rink for parties at $1080 if 60 or...
The owner of a skating rink rents the rink for parties at $1080 if 60 or fewer skaters attend, so that the cost per person is $18 if 60 attend. For each 5 skaters above 60, she reduces the price per skater by s0.50 (a) Construct a table that gives the revenue generated if 60, 70, and 80 skaters attend. Total Revenue Skater 60 70 80 (b) Does the owner's revenue from the rental of the rink increase or decrease...
The owner of a skating rink rents the rink for parties at $1320 if 60 or fewer skaters attend, so that the cost per pers...
The owner of a skating rink rents the rink for parties at $1320 if 60 or fewer skaters attend, so that the cost per person is $22 if 60 attend. For each 5 skaters above 60, she reduces the price per skater by $0.50. (a) Construct a table that gives the revenue generated if 60, 70, and 80 skaters attend. No. of skaters Price per Skater Total Revenue 60 $ 70 $ 80 $ (b) Does the owner's revenue from...
wered [6 points] A real-estate firm owns 100 apartments. At 400 OMR per month, each apartment...
wered [6 points] A real-estate firm owns 100 apartments. At 400 OMR per month, each apartment can be rented. However, for each 5 OMR per-month-increase, there will be one vacancies with no possibility of filling them. What rent per apartment will maximize monthly revenue?. of Maximum size for new files: 50MB estion Files You can drag and drop files here to add them. [6 points]
A company handles an apartment building with 70 units. Experience has shown that if the rent...
A company handles an apartment building with 70 units. Experience has shown that if the rent for each of the units is $1320 per month, all the units will be filled, but 1 unit will become vacant for each $20 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $1420 per month?
All units in a 100-unit apartment building are rented out when the monthly rent is set...
All units in a 100-unit apartment building are rented out when the monthly rent is set at r = $900/month. Suppose that one unit becomes vacant with each $10 increase in rent and that each occupied unit costs $80/month in maintenance. Which rent r maximizes monthly profit? r= $ A billboard of height b = 2 meters is mounted on the side of a building with its bottom edge at a distance h = 7 meters from the street. At...
fa skating rink rents the rink for parties at $200 if 20 or fewer skaters attend,...
fa skating rink rents the rink for parties at $200 if 20 or fewer skaters attend, so that the cost per person is $10 if 20 attend. For each 5 skaters above 20, she reduces The owner the price per skater by $0.50. (a) Construct a table that gives the revenue generated if 20, 30, and 40 skaters attend. No, of skaters Total Revenue Price per Skater 20 $ 30 40 (b) Does the owner's revenue from the rental of...
The owner of the property described in Exhibit 5.4 [page 143] asks the manager to take...
The owner of the property described in Exhibit 5.4 [page 143] asks the manager to take another look at the numbers and evaluate the savings if the improvement excludes a microwave oven. The owner would like to retain the proposed rent increase of $50 per month, however. The manager finds that the cost of the microwave, installed, would be $175. Because this is a popular addition to apartments in the marketplace, the manager assumes that at least two residents whose...
The owner of the property described in Exhibit 5.4 [page 143] asks the manager to take...
The owner of the property described in Exhibit 5.4 [page
143] asks the manager to take another look at the numbers
and evaluate the savings if the improvement excludes a
microwave oven. The owner would like to retain the proposed rent
increase of $50 per month, however.
The manager finds that the cost of the microwave, installed,
would be $175. Because this is a popular addition to apartments in
the marketplace, the manager assumes that at least two residents
whose...
The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $50 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,850, and $1,900. No. of Apts 60 Rent Total Revenue $1,800 s 59 $1,850$ $1,900$ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,900? O revenue increases...
The owner of a skating rink rents the rink for parties at $1080 if 60 or fewer skaters attend, so that the cost per person is $18 if 60 attend. For each 5 skaters above 60, she reduces the price per skater by s0.50 (a) Construct a table that gives the revenue generated if 60, 70, and 80 skaters attend. Total Revenue Skater 60 70 80 (b) Does the owner's revenue from the rental of the rink increase or decrease...
wered [6 points] A real-estate firm owns 100 apartments. At 400 OMR per month, each apartment can be rented. However, for each 5 OMR per-month-increase, there will be one vacancies with no possibility of filling them. What rent per apartment will maximize monthly revenue?. of Maximum size for new files: 50MB estion Files You can drag and drop files here to add them. [6 points]
A company handles an apartment building with 70 units. Experience has shown that if the rent for each of the units is $1320 per month, all the units will be filled, but 1 unit will become vacant for each $20 increase in the monthly rate. What rent should be charged to maximize the total revenue from the building if the upper limit on the rent is $1420 per month?
All units in a 100-unit apartment building are rented out when the monthly rent is set at r = $900/month. Suppose that one unit becomes vacant with each $10 increase in rent and that each occupied unit costs $80/month in maintenance. Which rent r maximizes monthly profit? r= $ A billboard of height b = 2 meters is mounted on the side of a building with its bottom edge at a distance h = 7 meters from the street. At...
fa skating rink rents the rink for parties at $200 if 20 or fewer skaters attend, so that the cost per person is $10 if 20 attend. For each 5 skaters above 20, she reduces The owner the price per skater by $0.50. (a) Construct a table that gives the revenue generated if 20, 30, and 40 skaters attend. No, of skaters Total Revenue Price per Skater 20 $ 30 40 (b) Does the owner's revenue from the rental of...
The owner of the property described in Exhibit 5.4 [page 143] asks the manager to take another look at the numbers and evaluate the savings if the improvement excludes a microwave oven. The owner would like to retain the proposed rent increase of $50 per month, however. The manager finds that the cost of the microwave, installed, would be $175. Because this is a popular addition to apartments in the marketplace, the manager assumes that at least two residents whose...
The owner of the property described in Exhibit 5.4 [page
143] asks the manager to take another look at the numbers
and evaluate the savings if the improvement excludes a
microwave oven. The owner would like to retain the proposed rent
increase of $50 per month, however.
The manager finds that the cost of the microwave, installed,
would be $175. Because this is a popular addition to apartments in
the marketplace, the manager assumes that at least two residents
whose...
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