a shop is opened to arrange weddings. The average selling price of an arrangement 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 $4,800 plus 20% of revenue received up to a maximum rent of $25,000. If the number of sales is 1500, which option is preferred: O a. option 3 Ob option 1 Oc Cant be determined O d. option 2
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