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Scoops, the local ice cream shop offers ice cream in sugar cones and waffle cones. S and W represent the number of sugar cones and
Scoops, the local ice cream shop offers ice cream in sugar cones and waffle cones. S and W represent the number of sugar cones and waffle cones sold per hour respectively. The price functions for each are as follows:
x = 12 - .3s + .1w (hourly price in dollars for a sugar cone)
y = 20 + .1s - .2w (hourly price in dollars for a waffle cone)
- Determine how many sugar and waffle cones Scoops should aim to sell each hour to maximize revenue. Be sure to prove that you have found the maximum.
- What is the maximum revenue that Scoops can make each hour?
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