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-Cory's Is One of Many Ice Cream Stands in Town

Question 457

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-Cory's is one of many ice cream stands in town. Cory's costs are shown in the table above. a) If the market price of ice cream is $1.75 per cone, what is Cory's profit-maximizing quantity of cones? b) If the market price of ice cream is $2.25 per cone, what is Cory's profit-maximizing quantity of coins? c) If the market price of ice cream is $2.75 per cone, what is Cory's profit-maximizing quantity of coins? d) Can you determine any points on Cory's supply curve?
-Cory's is one of many ice cream stands in town. Cory's costs are shown in the table above.
a) If the market price of ice cream is $1.75 per cone, what is Cory's profit-maximizing quantity of cones?
b) If the market price of ice cream is $2.25 per cone, what is Cory's profit-maximizing quantity of coins?
c) If the market price of ice cream is $2.75 per cone, what is Cory's profit-maximizing quantity of coins?
d) Can you determine any points on Cory's supply curve?

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