The Archers, a student social organization, has two different locations under consideration for constructing a charterhouse. The Archers' president, a BM student, estimates that due to differing land costs, utility rates, etc., both fixed and variable costs would be different for each of the proposed sites, as follows: Location Taft Avenue Quirino Avenue Fixed Cost per year (Philippine Pesos) O Taft Avenue 500,000 800,000 O Quirino Avenue If it is estimated that thirty persons will be living in this new chapter house, which location should the Archers select? O Reject both locations Variable costs (Philippin Pesos/person per year) O Either Taft Avenue or Quirino Avenue 20,000 15,000