The manager of a large apartment complex knows from experience
that 90 units will be occupied...
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The manager of a large apartment complex knows from experiencethat 90 units will be occupied if the rent is 468 dollars permonth. A market survey suggests that, on the average, oneadditional unit will remain vacant for each 9 dollar increase inrent. Similarly, one additional unit will be occupied for each 9dollar decrease in rent. What rent should the manager charge tomaximize revenue?
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