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Phillip, the proprietor of a vineyard, estimates that the first9800bottles of wine produced this season will fetch a profit of$6per bottle. However, the profit from
Phillip, the proprietor of a vineyard, estimates that the first9800bottles of wine produced this season will fetch a profit of$6per bottle. However, the profit from each bottle beyond9800drops by$0.0002for each additional bottle sold. Assuming at least9800bottles 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.)
$
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