Question: Case 2 (5 MARKS): Heather is a big Leaf's fan. She decides to open a shop selling Leaf's gear. The biggest seller will be the

Case 2 (5 MARKS): Heather is a big Leaf's fan. She decides to open a shop selling Leaf's gear. The biggest seller will be the Leaf jerseys so Heather makes her plans based on that. A licensed Leaf jersey will cost her $75. Store rent will cost her $10,000 a month. Since she can't be there all the time she needs to hire two staff at $3,000 per month each. The big question is what the price of a sweater will be. If the Leafs make the playoffs and go deep, some of the sweaters will become very popular and will sell for $250 each. If the Leafs play poorly and don't make the playoffs, sweaters will sell for $200 each. Required (SHOW ALL YOUR WORK) a) In both a worst case and best case scenario, how many sweaters does Heather have to sell each month to make a target profit of $84,000 per year? b) Briefly state whether this is a good business for Heather and why. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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