Lesly Arias
2022-11-03
(Once you have their money, never give it back.) An apartment complex on Ferenginar with 250 units currently has 199 occupants. The current rent for a unit is 1592 slips of Gold-Pressed Latinum. The owner of the complex knows from experience that he loses one occupant every time he raises the rent by 4 slips of Latinum. Since "profit is its own reward", the owner wants to maximize his profit so he asks for our help, even though he knows that "free advice is seldom cheap".
What should be our recommendation for the optimal rent?
Find the local maximum and minimum values and saddle points of the function. If you have three-dimensional graphing software, graph the function with a domain and viewpoint that reveal all the important aspects of the function
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