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The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $500 pe
Posted: Sat Jul 09, 2022 3:36 pm
by answerhappygod
- The Manager Of A 100 Unit Apartment Complex Knows From Experience That All Units Will Be Occupied If The Rent Is 500 Pe 1 (7.14 KiB) Viewed 58 times
The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $500 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $10 increase in rent. What rent should the manager charge to maximize revenue? $ per month