(Once you have their money, never give it

Lesly Arias

Lesly Arias

Open question

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?

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?