Posted by **Britney** on Wednesday, November 14, 2012 at 11:16pm.

Phillip, the proprietor of a vineyard, estimates that the first 9600 bottles of wine produced this season will fetch a profit of $5 per bottle. However, the profit from each bottle beyond 9600 drops by $0.0002 for each additional bottle sold. Assuming at least 9600 bottles of wine are produced and sold, what is the maximum profit? (Round your answer correct to the nearest cent.)

$ ?

What would be the profit/bottle in this case? (Round the number of bottles down to the nearest whole bottle. Round your answer correct to the nearest cent.)

$ ?

## Answer This Question

## Related Questions

- math - Phillip, the proprietor of a vineyard, estimates that the first 9600 ...
- math - Phillip, the proprietor of a vineyard, estimates that the first 9600 ...
- math - Phillip, the proprietor of a vineyard, estimates that the first 9600 ...
- math - Phillip, the proprietor of a vineyard, estimates that the first 9600 ...
- math - Phillip, the proprietor of a vineyard, estimates that the first 9600 ...
- Econ - Suppose that the U.S. government decides to charge wine consumers a tax. ...
- Math - You own a small winery that produces two types of Chardonnay, an extra ...
- economics - Assume that a bottle of wine sells for $10. The government decides ...
- linear programming - Mountain Laurel Vineyards produces three kinds of wine ...
- Math - 1. The manager of a bottle shop makes 25% profit on the cost price of all...

More Related Questions