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Exercise 13.23 Lickety Split sells ice cream cones in a variety of flavours. The following are data for a recent week: Revenue (1,000 cones at

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Exercise 13.23 Lickety Split sells ice cream cones in a variety of flavours. The following are data for a recent week: Revenue (1,000 cones at $1.90 each)$1,900 Cost of ingredients Rent Store attendant $680 530 6501.860 $40 Pretax Income The manager estimates that if she were to increase the price of cones from $1.90 to $2.07 each, weekly volume would be cut to 850 cones due to competition from other nearby ice cream shops Estimate the profit-maximizing price per cone Round entry to 2 decimal places e.g. 15.25 Round percentage change to 2 decinal places e g 25 25% and east city to 3 decina places e ses or our calculations. Price per cone

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