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General Foods is in the process of determining the selling price of their new breakfast cereal A Whole Lotta Surgar Crunch. The marketing department estimates
General Foods is in the process of determining the selling price of their new breakfast cereal A Whole Lotta Surgar Crunch. The marketing department estimates that at a selling price of p dollars it can sell q =12500 - 4300 p boxes daily.
Each box of cereal will cost $1.0 to make.
What price p should they charge to give the greatest daily profit?
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