Mejia Marsh
09/24/2024 · Senior High School

Mt. Nittany Property Management Company and Happy Valley Rentals are two different businesses that manage numerous apartments around town. Both companies use the same monthly. profit model given by \[ P(x)=-14 x^{2}+1848 x-22300 \] where \( x \) represents the number of apartments rented in a month and \( P(x) \) is in dollars. (a) Assuming Mt. Nittany Property Management Company manages 100 apartments, find the number of apartments they should rent out each month to maximize profits and calculate their maximum monthly profits. Number of apartments = Maximum monthly profit = (b) Assuming Happy Valley Rentals manages 50 apaytments, find the number of apartments they should rent out each month to maximize profits and calculate their maximum monthly profits. Number of apartments = Maximum monthly profits =

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(a) Number of apartments = 66, Maximum monthly profit = $38,684 (b) Number of apartments = 66, Maximum monthly profit = $38,684

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