The souvenir shop next to Wrigley Field in Chicago sells The souvenir shop next to Wrigley Field in.

The souvenir shop next to Wrigley Field in Chicago sells
The souvenir shop next to Wrigley Field in Chicago sells sports banners for $5 each. The owner pays $1,000 monthly rent. Two blocks away from the baseball stadium, a souvenir shop sells the same banners for $3 each. The owner there pays $600 rent. Is the price of the banner at the shop next to the stadium high because rent is high or is rent high because the price is high?

The souvenir shop next to Wrigley Field in Chicago sells

 

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