Manager charge to maximize revenue

Assignment Help Business Management
Reference no: EM131301929

The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $500 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $10 increase in rent. What rent should the manager charge to maximize revenue?

Reference no: EM131301929

Questions Cloud

Explain ways in which richard branson is likely to motivate : Determine two key ways in which Richard Branson is likely to motivate employees in order to achieve his goals for the Virginia Group. Indicate whether or not his approach is likely to work in a different organizational setting.
Calculate the averages for pre-course and post-course survey : Calculate the averages for pre-course and post-course surveys - Create a graph to visualize any differences between your Pre- and Post-Course Survey data.
Calculate the cost of matts condo during the first year : Calculate the cost of Matt's condo during the first year if he currently has the $5,000 down payment invested in an account earning 5% interest.
Major league baseball game : There were 551 tickets purchased for a major league baseball game. The lower box tickets cost $12.50 and the upper reserved tickets cost $8.00 The total amount of money spent was $5789.50 How many of each kind of ticket were purchased?
Manager charge to maximize revenue : The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $500 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $10 increase in rent. What ..
What would their annual savings be if they refinance : Doug and Lynn bought their home three years ago. - What would their annual savings be if they refinance? They are in a 15% marginal tax rate bracket.
How the new product for mm is coming along : The board has called a meeting to see how the new product for MM is coming along. Michelle calls you about the meeting. "Great," she says. "Why don't you do what you did last time?
Discuss time period- forces involved on chinese politics : How different Third World countries tried to develop modern nation-states and examine what were their successes and failures? Also analyze how the Cold War and the super power competition impacted political development in the Third Word.
What would their annual savings be if they refinance : Doug and Lynn bought their home three years ago.- What would their annual savings be if they refinance? They are in a 15% marginal tax rate bracket.

Reviews

Write a Review

Business Management Questions & Answers

  Greatest professional strengths

What are the two greatest professional strengths someone needs for him to do a management job?

  Steps of the control process using your organization

With your organization in mind, explain the differences between feedforward, concurrent, and feedback controls and when each might have been used.

  Importance of logistics-supply chain network design

What is the strategic importance of logistics/supply chain network design?

  Does one trump the other or take priority

Explain how do case law and statutory law interact in the American legal process? Does one trump the other or take priority? When there is a statute and case law which apply, does the court have any discretion in explain how to apply the law to yo..

  Differentiate the types of authorities in an organization

Identify effective delegation practices. Explain the key principles of delegation. Differentiate the types of authorities in an organization. Analyze how those in authority can effectively delegate responsibility authority.

  Role of hr in an organization

Role of HR IN AN ORGANIZATION - What are the various roles HR plays in organizations, from generalists to specialists?

  Growth strategies for nike incnike inc- describe your

growth strategies for nike inc.nike inc.- describe your growth objectives for this organization.- provide an

  Compute the reliability and validity of your job analysis

Compute the reliability and validity of your job analysis and Evaluate different performance appraisal methods that might be applied to your chosen job.

  Show important information about recession

From anything you may have seen, read or heard - what REGION or regions of the US have been the most affected by this recession?

  Show the best choice for business entity type

Select an industry in the U.S. economy, such as a medical practice, an insurance agency, or a supermarket.

  Cultural environment of international business

Project Assignment is to prepare a paper on the learning you've acquired regarding the Cultural Environment of International Business.

  Critical thinking and society at gmindividual assignment

critical thinking and society at gmindividual assignment critical thinking and society exercisewrite on each of the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd