Mathematics, 14.05.2021 20:50 girdwood797
2. An apartment complex has a demand given by p
= -5x + 860, where x is the number of apartments rented
and p is the price for each apartment, in dollars. The
cost of maintaining the complex is $120 per rented
apartment. There are fixed costs of $6,000.
1
a) Find the revenue equation
b) Find the cost equation
c)
Find the profit equation.
d) Find the number of apartments to be rented that
maximize profit.
e) Find the price that the apartments are rented at when
the
profit is maximized.
Answers: 3
Another question on Mathematics
Mathematics, 21.06.2019 14:30
The amount of money, in dollars, in an account after t years is given by a = 1000(1.03)^t. the initial deposit into the account was $_^a0 and the interest rate was _a1% per year. only enter numbers in the boxes. do not include any commas or decimal points^t. the initial deposit into the account was $__^a0 and the interest rate is % per year.
Answers: 1
Mathematics, 21.06.2019 20:00
Adam used 1072.4 gallons of water over the course of 7 days. how much water did adam use, on average, each day?
Answers: 1
Mathematics, 21.06.2019 20:30
Angles r and s are complementary. the measure of angle r is 31 degrees. which equation can be used to find angle s?
Answers: 1
You know the right answer?
2. An apartment complex has a demand given by p
= -5x + 860, where x is the number of apartments re...
Questions
Mathematics, 30.01.2021 02:40
English, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Arts, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Chemistry, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
Mathematics, 30.01.2021 02:40
