The manager of a -unit apartment complex knows from experience that all units will be occupied if the rent is per month. A market survey suggests that, on the average, one additional unit will remain vacant for each increase in rent. What rent should the manager charge to maximize revenue?

Question

The manager of a  -unit apartment complex knows from experience that all units will be occupied if the rent is  per month. A market survey suggests that, on the average, one additional unit will remain vacant for each  increase in rent. What rent should the manager charge to maximize revenue?

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The Answer of The manager of a  -unit apartment complex knows from experience that all units will be occupied if the rent is  per month. A market survey suggests that, on the average, one additional unit will remain vacant for each  increase in rent. What rent should the manager charge to maximize revenue?

The Manager of a -Unit Apartment Complex Knows from Experience