The per-unit cost of an item is its average total cost (=total cost/ quantity). Suppose that a new cell phone application cost $ 100, 000 to develop and only $ 0.50 per unit to deliver to each cell phone customer. Instructions: Round your answers to 2 decimal places. A) What will be the per-unit cost of the application if it sells 100 units? B). What will be the per-unit cost of the application if it sells 1,000 units? C). What will be the per-unit cost of the application if it sells 1 million units?
The per-unit cost of an item is its average total cost (=total cost/ quantity). Suppose that a new cell phone application cost $ 100, 000 to develop and only $ 0.50 per unit to deliver to each cell phone customer. Instructions: Round your answers to 2 decimal places. A) What will be the per-unit cost of the application if it sells 100 units? B). What will be the per-unit cost of the application if it sells 1,000 units? C). What will be the per-unit cost of the application if it sells 1 million units?
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter7: Production And Cost In The Firm
Section: Chapter Questions
Problem 18PAE
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The per-unit cost of an item is its
Instructions: Round your answers to 2 decimal places.
A) What will be the per-unit cost of the application if it sells 100 units?
B). What will be the per-unit cost of the application if it sells 1,000 units?
C). What will be the per-unit cost of the application if it sells 1 million units?
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