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Real Estate Owning property is still the hottest and most publicized form of flipping and profiting from your own investments. Use this forum to discuss strategies in real estate and land development as well as assess the current housing and market situation.

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Old 09-09-2008, 07:59 PM
jillian l jillian l is offline
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A real estate office handles an apartment complex with 50 units. When the...

...rent per unit is $580 per month, all? (a) Write the equation of the line giving the demand x in terms of the rent p.

(b) Use a graphing utility to graph the demand equation and use the trace feature to estimate the number of units occupied when the rent is $670. Verify your answer algebraically.

(c) Use the demand equation to predict the number of units occupied when the rent is lowered to $610. Verify your answer graphically.
A real estate office handles an apartment complex with 50 units. When the rent per unit is $580 per month, all 50 units are occupied. However, when the rent is $625 per month, the average number of occupied units drops to 47. Assume that the relationship between the monthly rent p and the demand x is linear.
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Old 09-09-2008, 08:04 PM
kkkayla_ kkkayla_ is offline
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Do your own homework.
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