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OpenStudy (anonymous):
The Hotel Kranson has 550 rooms. Currently the hotel is filled . The daily rental is $ 200 per room. For every $ 20 increase in rent the demand for rooms decreases by 3 rooms. Let x = the number of $ 20 increases that can be made. What should x be so as to maximize the revenue of the hotel ? What is the rent per room when the revenue is maximized? $ What is the maximum revenue? $ Can someone please help me?
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