Doug asked:


You manage a 180 unit motel. All units will be occupied, on average, when you charge $50 per day per unit. Experience shows that for each $1 per day per unit that you increase the price, you will accrue 2 vacancies. Each occupied room costs $4 per day to clean and supply. On this basis, what price, in dollars, should you charge per unit per day to maximize your profit?

Bessie

ello! asked:


You manage a 160 unit motel. All units will be occupied, on average, when you charge $50 per day per unit. Experience shows that for each $1 per day per unit that you increase the price, you will accrue 2 vacancies. Each occupied room costs $4 per day to clean and supply. On this basis, what price, in dollars, should you charge per unit per day to maximize your profit?

a. $87

b. $82

c. $77

d. $72

e. $67

f. $62

g. $57

h. none of these

Adam