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8. A real estate office handles an apartment complex with 50 units. When the rent is $860 per month, all 50 units are occupied.
8. A real estate office handles an apartment complex with 50 units. When the rent is $860 per month, all 50 units are occupied. However, when the rent is $905, the average number of occupied units drops to 47. Assume that the relationship between the monthly rent p and the demand x is linear. Predict the number of units occupied if the rent is raised to $1010. a. 37 units b. 60 units c. 63 units d. 43 units e. 40 units
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