Phillip, the Proprietor of a Vineyard, Estimates That the First

question 78

Multiple Choice

Phillip, the proprietor of a vineyard, estimates that the first 10,000 bottles of wine produced this season will fetch a profit of $2/bottle. However, the profit from each bottle beyond 10,000 drops by $0.0004 for each additional bottle sold. Assuming at least 10,000 bottles of wine are produced and sold, what is the maximum profit? What would be the price/bottle in this case?

• A) The maximum profit is $40,500.00, the price/bottle is $3.20/bottle
• B) The maximum profit is $22,500.00, the price/bottle is $3.00/bottle
• C) The maximum profit is $28,500.00,the price/bottle is $3.00/bottle
• D) The maximum profit is $46,500.00, the price/bottle is $3.40/bottle
• E) The maximum profit is $34,500.00, the price/bottle is $3.10/bottle

---

Definitions:

Bluetooth Connection

A wireless technology standard for exchanging data over short distances between electronic devices.

Encrypted Files

Digital documents that have been converted from a readable form to an encoded version that can only be decrypted and understood by those who have the necessary decryption key.

Network Attached Storage

A dedicated file storage device connected to a network, allowing multiple users and client devices access to shared data.

Wireless Network Keys

Security codes used to access encrypted Wi-Fi networks, protecting them from unauthorized use.