A real estate office handles an apartment complex with 80 units. When the rent is...
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A real estate office handles an apartment complex with 80 units. When the rent is $375 per month, all 80 units are occupied. When the rent is $420, however, the average number of occupied units drops to 77. Assume that the relationship between the monthly rent p and the demand x is linear. (The term demand refers to the number of occupied units.) Predict the number of occupied units when the rent is set at $480.A) 73B) 74C) 71D) 72
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