Wine Profits Welcome! You are encouraged to register with the site and login (for free). When you register, you support the site and your question history is saved.Contrary to earlier predictions, demand for wine has not increased in recent years. Yet, even though prices and production amounts have also been stable during the last three years, wine producers last year increased their profits by more than 10 percent over the previous year's level.Any of the following statements, if true about last year, helps to explain the rise in profits EXCEPT: Consumers in many countries increased their home stockpiles of bottles of wine, yet their overall consumption of wine decreased. Wine producers have saved money on wages by switching from paying laborers an hourly wage to paying them by the amount harvested. The price of oil, the major energy source used by wine producers in harvesting their crops, dropped by over 20 percent. Many small wine producers joined together to form an association of wine producers and began to buy supplies at low group rates. Rainfall in wine-producing regions was higher than it had been during the previous year, allowing the growers to save money on expensive artificial irrigation. Review Answer