Ask Experts Questions for FREE Help !
Ask
    telnet's Avatar
    telnet Posts: 3, Reputation: 1
    New Member
     
    #1

    Sep 13, 2009, 07:10 AM
    max revenue and profit
    The question is: The monthly revenue R from renting x apartments can be modeled by R=2x(900+21x-x^2). If the monthly expense consists of fixed costs totaling $4500, and per unit expense of $150, find:

    1. number of rentals that maximize revenue and the profit it produces
    2. number of rentals that maximize profit and the profit it produces
    3. The monthly apartment rental that maximizes profits.

    Thanks

Check out some similar questions!

Is revenue the same as net profit? [ 9 Answers ]

I am new to accounting... I am trying to calculate revenue/employee and the number of employees are given in the question however I am not sure where I get the revenue figure from... The question gives a profit and loss sheet and a balance sheet Thanks in advance

Maximum revenue & profit? [ 1 Answers ]

A company manufactures and sells x digital cameras per week. The weekly price demand and cost are p=400-0.4x and c(x)=2000+160x 1. what price should the company charge for cameras, and how many cameras should be produced to maximize the weekly revenue? What is the maximum revenue? 2. What is the...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.