subject
Business, 30.03.2021 01:30 nando3024

An apartment complex can rent all 150 of its one-bedroom apartments at a monthly rate of $650. For each $10 increase in rent, 2 additional apartments are left unoccupied. There are 3 parts to this question. Make sure you answer all 3 in your short answer submission. a) How many apartments will they be able to rent if they charge a monthly rent of $(650+10x)? b) Assuming the monthly rent is $(650+10x), how much rent will they collect in this situation? c) At what monthly rate should each apramtnet be rented in order to maximize the total rent collected? You must use Calculus to solve this part. g

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
question
Business, 22.06.2019 03:00
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
question
Business, 22.06.2019 07:40
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
You know the right answer?
An apartment complex can rent all 150 of its one-bedroom apartments at a monthly rate of $650. For e...
Questions
question
Mathematics, 05.05.2021 18:50
question
Mathematics, 05.05.2021 18:50
question
History, 05.05.2021 18:50
question
English, 05.05.2021 18:50
Questions on the website: 13722362