
Sam Z. answered 03/22/21
Math/Science Tutor
I wouldn't go any further than 9500. I mean .00004 of a cent/bottle isn't worth any more work.
Ryan N.
asked 03/22/21Phillip, the proprietor of a vineyard, estimates that the first 9500 bottles of wine produced this season will fetch a profit of $7 per bottle. However, the profit from each bottle beyond 9500 drops by $0.0004 for each additional bottle sold.
Assuming at least 9500 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.)
$
Sam Z. answered 03/22/21
Math/Science Tutor
I wouldn't go any further than 9500. I mean .00004 of a cent/bottle isn't worth any more work.
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