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Cost a shop is opened to arrange weddings. The average selling price of an arrangement is $30 and the average cost of each sale is
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a shop is opened to arrange weddings. The average selling price of an arrangement is $30 and the average cost of each sale is $18. A new mall is opening where the owner wants to locate a store, but the location manager is not sure about the rent method to accept. The mall operator offers the following three options for its retail store rentals Option 1 paying a fixed rent of $15,000 a month, or Option 2. paying a base rent of $9,000 plus 10% of revenue received, or Option 3. paying a base rent of 54,800 plus 20% of revenue received up to a maximum rent of $25,000 of the number of sales is 2000, which option is preferred a option 1 b option 2 OC Option 1 & Option 2 doption 3 O Cant be determined
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