Phillip, The Proprietor Of A Vineyard, Estimates...


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Phillip, the proprietor of a vineyard, estimates that the first10000 bottles of wine produced this season will fetch a profit of$5/bottle. However, the profit from each bottle beyond 10000drops by $0.0002 for each additional bottle sold. Assuming at least10000 bottles of wine are produced and sold, what is the maximumprofit? What would be the price/bottle in this case?


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