Number of Apartments Rented The manager of an 80-unit apartment complex knows from experience that at a rent of $\$ 300,$ all the units will be full. On the aver. age, one additional unit will remain vacant for each $\$ 20$ increase in rent over $\$ 300$. Furthermore, the manager must keep at least 30 units rented due to other finan. cial considerations. Currently, the revenue from the complex is $\$ 35,000 .$ How many apartments are rented?
Use the answers in Exercises 57 and 58 to write an equation that defines the revenue generated when there are $x$ increases of $\$ 20$ over $\$ 300$.
Equations and Inequalities
Applications and Modeling with Quadratic…