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I just need answers for question number 5 37. Mallory's Lemonade Stand (A) Eleven-year-old Mallory is a budding entrepreneur She is always coming up with

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37. Mallory's Lemonade Stand (A) Eleven-year-old Mallory is a budding entrepreneur She is always coming up with new business ideas. In early summer 2014, her latest venture is a lemonade stand. Mallory is focused on making a high level of profits-she is saving for a new bike. Mallory is trying to to develop a marketing strategy to help her achieve this goal. Last year, Mallory helped a friend with a lemonade stand. This year she wants to run her own business. Her parents expect her to pay for almost everything related to her business. Her dad built her a small lemonade stand-and although he donated his time, he did ask for the $12 in materials needed to build the stand. Mallory had to purchase other supplies as well. She bought a nice one-gallon pitcher for $5, and cups cost her $o.10. She figured out that sugar and lemons were costing her $o.30 for each 12 ounce cup she sold. Her parents let her use ice from the freezer-no cost there. Mallory initially planned to charge $0.75 per cup for her lemonade. Oh, and Mallory has a secret weapon. Her grandma had a little spice combination she put into lemonade that people just love-she knows from experience that once customers taste her lemonade they will be coming back for more

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