What rent should the manager charge to maximize revenue

Reference no: EM13193655

110 units will be occupied if the rent is 344 dollars per month. A market survey suggests that, on the average, one additional unit will remain vacant for each 4 dollar increase in rent. Similarly, one additional unit will be occupied for each 4 dollar decrease in rent. What rent should the manager charge to maximize revenue.

Reference no: EM13193655

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