document.write( "Question 255988: The owner of an apartment building with 50 units has found that if the rent for each unit is $360 per month, all the units will be filled. He wants to increase the rent but has calculated that one unit will become vacant for each $10 increase in monthly rent. What monthly rent would maximize the monthly income for the owner? What is his maximum monthly income.\r
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document.write( "I'm pretty sure the equation is y=-10x^2+140x+18000.
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document.write( "Then I did the (-b/2a) and got 7...what do I do after that? \n" );
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Algebra.Com's Answer #188195 by Theo(13342)![]() ![]() You can put this solution on YOUR website! if you right, they you want to find f(-b/2a)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "take the value of 7 and plug it into the equation to get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y=-10x^2+140x+18000 becomes:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y=-10(7)^2+140(7)+18000 becomes:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y = -490 + 980 + 18000 = 18490 which should be the maximum rent he collects for the month.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "graph of your equation looks like:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y looks like it represents the total rent for the month.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x looks like it represents the number of units vacant for the month.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "based on that the graph looks good.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "7 vacant rooms means 43 filled at 360 + 70 = 430 per room = 18490. \n" ); document.write( "6 vacant rooms means 44 filled at 360 + 60 = 420 per room = 18480. \n" ); document.write( "8 vacant rooms means 42 filled at 360 + 80 = 440 per room = 18480.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you definitely get peak revenue with 7 vacant rooms.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |