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What is the actual profit realized from renting given unit

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Reference no: EM131560789

Question: MARGINAL PROFIT Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting x apartments is

P(x) = -10x2 + 1760x - 50,000

a. What is the actual profit realized from renting the 51st unit, assuming that 50 units have already been rented?

b. Compute the marginal profit when x = 50 and compare your results with that obtained in part (a).

Reference no: EM131560789

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