A Non-Profit Organization Is Planning a Raffle to Raise Money

question 61

Essay

A non-profit organization is planning a raffle to raise money. It has two options for tickets. The first option is to do the tickets by hand, with fixed costs of $50 and variable costs of $.05 per ticket. The second option is to outsource production. This would result in fixed costs of $500 and variable costs of $.01. If the organization plans to sell 10,000 tickets which option should it choose?

---

Definitions:

Nonsensical

describes something that is illogical, absurd, or makes no sense.

Anterior Cingulate Cortex

A region of the brain located in the frontal part of the cingulate cortex, involved in functions related to emotion, decision-making, and impulse control.

Pain Matrix

A distributed network of brain regions, including the thalamus and anterior cingulate cortex, thought to respond to many types of pain.

Thalamus

A brain structure serving as a central relay station for sensory information, excluding smell, directing it to appropriate areas of the brain for processing.