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1. One of your coworkers says that the above options are not “cones.” Do you agree or disagree? Explain.
2. Each cone is completely filled with ice cream and has two scoops of ice cream on top. a. How many scoops of ice cream is served in each cone? Round to the nearest half scoop. b. How much should the ice cream shop charge for each ice cream cone?
3. Your boss now wants to sell each ice cream cone for the same price. Propose a price, and explain how to adjust the amounts of ice cream served in the cones so that they still sell for a fair price.
4. Finally Your boss wants you to find out the prices other local shops are charging. How does your proposed price compare to the local ice cream available to you? Look for prices at 3 different local stores to see how your proposed prices compare to the local competition. How do you think most ice cream shops determine their prices?
How can you Adjust your proposed prices based on your findings?