Determine how many apartments are being rented out

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Reference no: EM13231797

The marginal cost of maintaining apartments that are over 15 years old can be expressed as:

P = 90 + Q

The marginal cost of maintaining apartments newer that can be expressed as:

P = 120 + 2Q

where P is the amount of rent in dollars paid each month and q is the number of units on the market.

How many apartments are being rented out?

Reference no: EM13231797

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