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Question 21 3 pts {3 pts) The following two questions are all based on the following information about William's Wines (WW). Assume that each consumer
Question 21 3 pts {3 pts) The following two questions are all based on the following information about William's Wines (WW). Assume that each consumer in Will's town has the following yearly demand for wine: Q = 120 2P. The cost to produce wine is C = 150 +10Q. Will wants to start a wine club with an annual membership fee and a per-bottle price. Local ordinances dictate that wine must be sold for at least $30 per bottle. What will be the fee and per-bottle price that maximize profits for WW given this restriction? Give the price per bottle. Question 22 7 pts (7 pts} Solve for the membership fee with no dollar sign
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