- #1

thomasrules

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## Homework Statement

A Real estate office manages 50 apartments in a downtown building. When the rent is $900 per month, all the units are occupied. For every $25 increase in rent, one unit becomes vacant. On average, each unit requires $75 in maintenance and repairs each month. How much rent should the real estate office charge to maximize profits?

## Homework Equations

## The Attempt at a Solution

I really don't know how to go about this. what is the revenue? i mean obviously the price to rent x # of rooms rented. But yea...I really don't know

the Cost = 75x