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Imagine you own a coffee shop. You're at a stage when you need to replace most of the seats as they are a bit wobbly and chipped. However, you also need new electrical stoves to meet cooking needs. The cost to replace the seats and purchase the new stoves are much the same. You can't afford to do everything at once so you need to prioritise.
You do some research and find out that:
(a) A new apartment complex is just about to open and people will be moving in. They will also be looking to furnish their apartments.
(b) The sales tax on raw wood is about to be increased
(c) There is a new electrical appliance shop opening next year nearby (it sells electrical stoves)
Which investment should be given priority in your opinion? State your argument in a clear way and use relevant graphs to explain your reasoning and any assumptions made.
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