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What is the maximum profit of a vineyard

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Reference no: EM131564041

Question: PROFIT OF A VINEYARD Phillip, the proprietor of a vineyard, estimates that the first 10,000 bottles of wine produced this season will fetch a profit of $5/bottle. But if more than 10,000 bottles were produced, then the profit/bottle for the entire lot would drop by $0.0002 for each additional bottle sold. Assuming at least 10,000 bottles of wine are produced and sold, what is the maximum profit?

Reference no: EM131564041

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