The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that a new cell phone application costs $150,000 to develop and only $0.5 per unit to deliver to each cell phone customer.
What will be the per-unit cost of the application if it sells 100 units?
Instructions: Round your answer to two decimal places.
Per-unit cost = $
What will be the per-unit cost of the application if it sells 1000 units?
Instructions: Round your answer to two decimal places.
Per-unit cost = $
What will be the per-unit cost of the application if it sells 1 million units?
Instructions: Round your answer to two decimal places.
Per-unit cost = $