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Determine the unit price for each brand

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Reference no: EM131637772

Question: MAXIMIZING PROFIT C&G Imports imports two brands of white wine, one from Germany and the other from Italy. The German wine costs $4/bottle, and the Italian wine costs $3/bottle. It has been estimated that if the German wine retails at p dollars/bottle and the Italian wine is sold for q dollars/bottle, then

2000 - 150p + 100q

Bottles of the German wine and

1000 + 80p - 120q

Bottles of the Italian wine will be sold each week. Determine the unit price for each brand that will allow C&G to realize the largest possible weekly profit.

Reference no: EM131637772

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