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 $0.70 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?