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6. A real estate ofce manages 50 apartments in a downtown building. When the rent is $900 per month, all the units are occupied. For

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6. A real estate ofce manages 50 apartments in a downtown building. When the rent is $900 per month, all the units are occupied. For every $25 increase in rent, one unit becomes vacant. On average, all units require $75 in maintenance and repairs each month. How much rent should the real estate ofce charge to maximize prots? 7. A bus service carries 10 000 people daily between Ajax and Union Station, and the company has space to serve up to 15 000 people per day. The cost to ride the bus is $20. Market research shows that if the fare increases by $0.50, 200 fewer people will ride the bus. What fare should be charged to get the maximum revenue, given that the bus company must have at least $130 000 in fares a day to cover operating costs? 'RQBLEMSIN ECONOMICS AND SCIENCE \"E

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