A local vendor at the county fair sells snow cones for $3 each.When 250 snow cones are sold,each snow cone is estimated to have $.10 in variable costs and $.15 in fixed costs.A local school group plans on attending the fair next week and wishes to purchase 50 snow cones for $.25 each.The vendor can sell as many as 400 snow cones per day.What is the minimum price the vendor should charge for the snow cones?
A) $3.00
B) $ .25
C) $ .10
D) $2.75
Correct Answer:
Verified
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