Question: 4. [-/2 Points] DETAILS TANAPMATH7 10.5.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Profit of a Vineyard Phillip, the proprietor of a vineyard, estimates that

 4. [-/2 Points] DETAILS TANAPMATH7 10.5.022. MY NOTES ASK YOUR TEACHER

4. [-/2 Points] DETAILS TANAPMATH7 10.5.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Profit of a Vineyard Phillip, the proprietor of a vineyard, estimates that the first 9500 bottles of wine produced this season will fetch a profit of $4 per bottle. However, the profit from each bottle beyond 9500 drops by $0.0001 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.) $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!