Assume that each consumer in Will's town has the following yearly demand for wine Q = 100 -

2P. The cost to produce wine is C = 145 + 5Q.

Will wants to start a wine club with an annual

membership fee and a per bole price.

Local ordinances dictate that wine must be sold for at

least $15 per bole.

What will be the membership fee

and per bole price

that maximize proFts for WW given this restricon?

2.

Remember William's Wines faces a yearly demand for wine or Q = 100 - 2P and the cost to

produce wine is C = 145 + 5Q. Williams is starng a wine club with a membership fee and per

bole price. or the typical consumer how much proFt does WW lose because of the ordinance

that restricts the price of a bole to at least $15?

3.

Remember William's Wines faces a yearly demand for wine or Q = 100 - 2P and the cost to

produce wine is C = 145 + 5Q.

Williams is starng a wine club with a membership fee and per

bole price.

or the typical consumer how much proFt does WW lose because of the ordinance

that restricts the price of a bole to at least $15?