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The Cone Head House sells ice cream cones in a variety of flavours. Data for a recent week are as follows: $ 1,500 Revenue( 1000 cones @ $1.50) Cost of ingredients 530 Rent Store attendant 300 600 $70 Income The Cone Head's manager received a call from a university student club requesting a bid on 100 cones to be picked up in three days. The cones could be produced in advance by the store attendant during slack periods and then stored in the freezer. Each cone requires a special plastic cover that costs $0.05. Required (a) What are the managers' decision options? (b) What quantitative information is relevant for this decision? If the minimum acceptable price is ($530/1000) +$.05 = $0.58, explain why Cone Head's managers might be willing to sell at this price. (c)