Unformatted text preview: them spoiling though. Sometimes I would lose no lemons, and other days I would lose four. I found it very effective to buy both the sugar and cups in bulk however. Quickly I came to the realization that just buying 100 cubes of ice would not work for me either. With my price set at just twenty five cents, my customer satisfaction rate was out the roof. However, I was loosing four ice cubes a cup. I cut back on this, and purchased two 100 cube orders, which proved to be sufficient for my sales. In contrast, it was cheaper than buying the 250 order. In the end, I had made over $100, which I thought was fairly good for my first try. In the future, I have the ambition to be a millionaire, but then I will charging more for my cups of lemonade!...
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- Spring '11
- Supply And Demand, real world situation, Terry Crew ECON