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13. [-/0 Points] HARMATHAP12 9.R.094. 0/100 Submissions Used ASK YOUR TEACHER In a 100-unit apartment building when the price charged per apartment rental is (880
13. [-/0 Points] HARMATHAP12 9.R.094. 0/100 Submissions Used ASK YOUR TEACHER In a 100-unit apartment building when the price charged per apartment rental is (880 + 20x) dollars, the number of apartments rented is 100 x and the total revenue for the building is R(x) = (880 + 20x)(100 x), where x is the number of $20 rent increases (and the resulting number of unrented apartments). Find the marginal revenue (in dollars) when x = 10. sL ) Does this tell you that the rent should be raised (causing more vacancies) or lowered? Explain. The rent should . An 11th rent increase would revenue. Need Help? Read It
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