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A convenience store currently sells 240 cartons of milk weekly at a price of $3.50 per carton. Sales predictions indicate that each $0.25 decrease in

A convenience store currently sells 240 cartons of milk weekly at a price of $3.50 per carton.

Sales predictions indicate that each $0.25 decrease in price will increase sales by 60 cartons

weekly. If the store pays $2 for each carton of milk, determine the price that will maximize

profit.

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