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Exercise 2-7B Fixed versus variable cost behavior LC Shawn Corder needs extra money quickly to help cover some unexpected school expenses. Mr. Corder has learned fortune-telling skills through his long friendship with Fred Molloy, who tells fortunes dur- ing the day at the city market. Mr. Molloy has agreed to let Mr. Corder use his booth to tell fortunes during the evening for a rent of $90 per night. Required a. What is the booth rental cost both in total and per customer if the number of customers is 5, 10, b. Is the cost of renting the fortune-telling booth fixed or variable relative to the number of c. Draw two graphs. On one, plot total booth rental cost for 5, 10, 15, 20, and 25 customers; on the d. Mr. Corder has little money. What major business risks would he take by renting the fortune- 15, 20, or 25? Round your figures to two decimal points. customers? other, plot booth rental cost per customer for 5, 10, 15, 20, or 25 customers telling booth? How could he minimize those risks