Timer
00:00
Answers
A
B
C
D
E
Stats
Difficulty—
On Monday, Daisys Lemonade Stand sold lemonade at 20 cents per cup. The Lemon Shack sold lemonade at 30 cents per cup. At the end of the day, Daisy’s Lemonade Stand and the Lemon Shack reported identical revenues and identical profits. The statements above best support which of the following assertions?
A. On Monday, Daisy’s Lemonade Stand sold fewer cups of lemonade than did the Lemon Shack.
B. The Lemon Shack sells higher quality lemonade than does Daisy’s Lemonade Stand.
C. On Monday, Daisy’s Lemonade Stand and the Lemon Shack incurred identical costs to run their businesses.
D. In general, lemonade consumers prefer the lemonade at Daisy’s Lemonade Stand to the Lemonade at the Lemon Shack.
E. The Lemon Shack would not increase its revenues by lowering its prices.
OA C
Source: Manhattan Prep
A. On Monday, Daisy’s Lemonade Stand sold fewer cups of lemonade than did the Lemon Shack.
B. The Lemon Shack sells higher quality lemonade than does Daisy’s Lemonade Stand.
C. On Monday, Daisy’s Lemonade Stand and the Lemon Shack incurred identical costs to run their businesses.
D. In general, lemonade consumers prefer the lemonade at Daisy’s Lemonade Stand to the Lemonade at the Lemon Shack.
E. The Lemon Shack would not increase its revenues by lowering its prices.
OA C
Source: Manhattan Prep
