A real estate office handles an apartment complex with 80

Last updated: 9/1/2022

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) 73 B) 74 C) 71 D) 72