Bernardo is a real estate developer. He estimates that if 60 luxury houses are built in a
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Bernardo is a real estate developer. He estimates that if 60 luxury houses are built in a certain area, the average profit will be $47,500 per house. The average profit will decrease by $500 per house for each additional house built in the area. How many houses should Bernardo build to maximize the total profit?
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Let x be the number of houses built beyond the planned 60 The profit per house will be 47500 50...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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