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Based on your experience with simlar buildings, you have the following set of cata beicor: 1. When the rent is set at Php20,000, all the
Based on your experience with simlar buildings, you have the following set of cata beicor: 1. When the rent is set at Php20,000, all the units are full 18. For every Php1,000 increase in rent, one additional unit remains vacant. With this information, you are very eager to find the best price for the apartment to get the maximum income possible. For you to be successful on this project, you need to: 1. Complete the table. 2. Let x stands for the number of Php 1000 price hikes the apartment owner makes. Based on the information and table above, set up the quadratic functicn that models the revenue of the apartment. Then, express the quadratic function in standard and vertex form. 3. Graph the function in amy online tool. Interpret the graph. 4. Using your graph, find the maximum revenue the apartment bulding can make. What. is the rent that coincides with this maximum revenue? 5. Describe the effect on the revenue and rent price when the rent hile of php 1,000 results in 2 additional vacancies instead of just 1
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