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(I will give a medal) The POP soda company sells cans of soda in local vending machines. Sales average 26,000 cans per month when cans sell for 50 cents each. For each nickel increase in price, sales decrease by 1000 cans. What should POP sell its cans for in order to maximize its profits? Hint Total monthly income = (cost per can)(cans sold) =(0.50 + ?)(26000 - ?) 8 cents per can 42 cents per can 58 cents per can 90 cents per can
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