Answer to Question #36711 in Calculus for Basma

Question #36711
The manager of a large apartment complex knows from experience that 120 units will be occupied if the rent is 500 dollars per month. A market survey suggests that, on average, one additional unit will remain vacant for each 7 dollar increase in rent. Similarly, one additional unit will be occupied for each 7 dollar decrease in rent.
Let the rent on an apartment be x dollars per month, and let N be the number of apartments rented each month, and let R be the revenue (the gross income) brought in each month by the apartment manager. find N(x) and R(x)
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Expert's answer
2013-11-04T07:16:18-0500
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