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That's why they're generally sold by weight.

But if you buy a 16oz box for $3 you actually get a pound of cereal for $3.

Compare:

"Up to 16oz for $3*"

There's a $0.75 fee to pay for the new box art, a $1 fee for renting the milk jug, you actually get 14oz of cereal if you eat during peak hours, and if you eat a second bowl on the same day they charge you for excessive usage.

True but while the box is the same size as when it was 20oz, at least if they say 12oz there's 12oz in there.