Tagaytay Open-Air Flea market is along the highway leading to Taal Vista Lodge. Calix has a stall which specializes in hand-crafted fruit baskets that sell for P60 each. Daily fixed costs are P15,000 and variable cost are P30 per basket. An average of 750 baskets are sold each day. Calix has a capacity of 800 baskets per day. By choosing daytime yesterday, a bus load of teachers who attended a seminar at the Development Academy of the Philippines stopped by Calix's stall. Collectively, they offered Calix P1,500 for 40 baskets. Calix should have