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Creekside Apartments is a 900-unit apartment complex. When the apartments are 90% occupied, monthly operating costs total $223,360. When occupancy dips to 80%, monthly operating

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Creekside Apartments is a 900-unit apartment complex. When the apartments are 90% occupied, monthly operating costs total $223,360. When occupancy dips to 80%, monthly operating costs fail to $218,320. The owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. The apartment owner fears that occupancy of her apartments will drop to 65% if residents lose their jobs and move away. Assuming the same relevant range, what can the owner expect operating costs to be if occupancy falls to 65%? Let's begin by determining the formula that is used to calculate the variable cost (slope). = Variable cost (slope) Now determine the formula that is used to calculate the fixed cost component Fixed cout Use the high-lew method to determine Creekside's operating cost equation. Assuming the same relevant range, what should the owner expect her operating costs to be if occupancy falls to 65%? (Round your answer to the nearest whole dollar) The owner should expect her operating costs to be if occupancy falls to 65%

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