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 isC = 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 $20 per bottle.

What will be the fee and per-bottle price that maximize profits for WW given this restriction?

Give the price per bottle.