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What is the maximum profit

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Question - Phillip, the proprietor of a vineyard, estimates that the first 9800 bottles of wine produced this season will fetch a profit of $6 per bottle. However, the profit from each bottle beyond 9800 drops by $0.0002 for each additional bottle sold. Assuming at least 9800 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?

Reference no: EM132968877

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