P(x) = -11x^2+1830x-34000 (a) What is the actual profit realized from renting the 41st unit, assuming that 40 units have already been rented?

FizeauV

FizeauV

Answered question

2021-09-17

Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting x apartments is represented by the following function.
P(x)=11x2+1830x34000
(a) What is the actual profit realized from renting the 41st unit, assuming that 40 units have already been rented?

Answer & Explanation

SoosteethicU

SoosteethicU

Skilled2021-09-18Added 102 answers

Step 1
Consider the given equation for the monthly benefit by renting x apartments:
P(x)=11x2+1830x34000
Step 2
Now calculate the profit by renting 40 apartments:
P(40)=11402+18304034000
=-17600+73200-34000
=21600
Step 3
Also calculate the profit by renting 41 apartments:
P(41)=11412+18304134000
=-18497+75030-34000
=22539
Step 4
Therefore,actual benefit realized by renting 41st apartment is calculate as follows:
  Profit  =P(41)P(40)
=22539-21600
=939

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