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Business, 12.07.2019 01:40 KaleahV

Phillip, the proprietor of a vineyard, estimates that the first 9700 bottles of wine produced this season will fetch a profit of $5 per bottle. however, the profit from each bottle beyond 9700 drops by $0.0005 for each additional bottle sold. assuming at least 9700 bottles of wine are produced and sold, what is the maximum profit? (round your answer correct to the nearest cent.)

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