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The gameplay of Lemonade Tycoon 2 centers around anticipating and responding to customer demand on a daily basis. Every day the player must buy sugar, ice, and lemons, in addition to deciding which lemonade recipe to use. Each recipe involves different proportions of ingredients and the tastes of customers will change depending upon the weather and temperature, so the player must choose the right recipes to keep customers happy.

The game's main strategic element lies in balancing the cost of ingredients with the price charged per cup of lemonade. Additionally, the player can buy upgrades for their lemonade stands and manage company personnel.

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