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Demand for a new product is described by: Q= 800 - 5P (Q= Demand, P=Price). The unit cost of the product is $30. What should

Demand for a new product is described by: Q= 800 - 5P (Q= Demand, P=Price). The unit cost of the product is $30. What should be the optimal selling price to maximize the profit of this product?

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