A trader wants to open an oil shop in the Europe area with a choice of the German, England or France area. Each of these area options has a local supplier providing a price quote for this oil as detailed in the table below. Area Fixed Cost Variable Cost German 5.500.000 55.553 England 11.500.000 35.500 France 21.500.000 15.500 a. How much volume must be met in order to obtain economic value per area? Determine the volume range for each area. b. Sketch a crossover chart that illustrates these conditions c. If in the end the merchant wants to sell as many as 600 cans at a selling price of 60,000 per can, calculate the profit from each area. Where is the merchant finally determine the location? A trader wants to open an oil shop in the Europe area with a choice of the German, England or France area. Each of these area options has a local supplier providing a price quote for this oil as detailed in the table below. Area Fixed Cost Variable Cost German 5.500.000 55.553 England 11.500.000 35.500 France 21.500.000 15.500 a. How much volume must be met in order to obtain economic value per area? Determine the volume range for each area. b. Sketch a crossover chart that illustrates these conditions c. If in the end the merchant wants to sell as many as 600 cans at a selling price of 60,000 per can, calculate the profit from each area. Where is the merchant finally determine the location