Phillip the proprietor of a vineyard estimates that the, Ask an Expert

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Phillip, the proprietor of a vineyard, estimates that the first 9700 bottles of wine produced this season will fetch a profit of $4 per bottle. However, the profit from each bottle beyond 9700 drops by $0.0003 for each additional bottle sold. Assuming at least 9700 bottles of wine are produced and sold, what is the maximum profit?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91407777

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