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Andrei [34K]
3 years ago
6

A certain politician has a brilliant idea. he will increase his popularity and assure reelection by giving away cash to everybod

y in the country. he will give $1 to a certain u.s. citizen, $2 to another, $3 to another, and so on until he has given away $297,624,985 to the 297,624,985th and last citizen of the united states.
Business
1 answer:
polet [3.4K]3 years ago
7 0
<span>Put all of these numbers in a line...obviously, don't put ALL of them, but enough so you can see what you're doing. 1 + 2 + 3 + ... + 297,624,985 Now put all these numbers BACKWARDS underneath that. 1 + 2 + 3 + ... + 297,624,985 297,624,985 + 297,624,984 + 297,624,983 + ... + 1 Now add the first series to the second, and you'll see that they add up to: 297,624,986 + 297,624,986 + 297,624,986 + ...297,624,986 Since there were 297,624,985 terms, the total sum here is 297,624,986 * 297,624,985 But since you added it twice, you divide it by two: 148,812,493 * 297,624,985 This is 44,290,315,996,937,605, so...yes, it is MUCH larger.</span>
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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Two alternative locations have been​ identified: Bonham and McKinney. Bonham would have fixed costs of $ 800,000 per year and variable costs of $ 13,000 per standard unit produced. McKinney would have annual fixed costs of $ 920,000 and variable costs of $ 12,000 per standard unit. The finished items sell for $ 29,000 each.

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Bonham= 800,000 + 13,000*x

McKinney= 920,000 + 12,000*x

1) 800,000 + 13,000*x=920,000 + 12,000*x

1,000x=120,00

x=120 units

2) Because Bonham has a higher variable cost, from the indifference point and below, it generates a higher profit. From 120 units and more it generates less profit than McKinney.

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Break-even point= 800,000/(29,000 - 12,000)= 47 units

McKinney:

Break-even point= 920,000/(29,000-13,000)= 58 units

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Answer:

$92,00

Explanation:

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I hope my answer helps you

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