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A College is planning to hold a fundraising banquet at one of the local country clubs.It has two options for the banquet: '_'_______| A College

A College is planning to hold a fundraising banquet at one of the local country clubs.It has two options for the banquet:

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'_'_____"__| A College is planning to hold a lndraising banquet at one of the local country clubs. It has two options for the banquet: OPTION 1: Crestview Country C311?) 3. Fixed rental cost of $1,000. b. $ 12 per person for food. OPTION 2: Tangass Couny Club a. Fixed rental cost of $3,000. b. A caterer who charges $8 .00 per person for food. The Selling Price of tickets are expected to be $30 per person. 35. Which option is better above the point of indifference? A. Both options have the same net income above the point of indifference. B. Option #1 has the higher net income above the point of indifference. C. Option #2 has the higher net income above the point of indifference. D. There is not enough information to make this decision

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