6. The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that...

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6. The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that a new cell phone application costs

$100,000 to develop and only $0.50 per unit to deliver to each cell phone customer. What will be the per-unit cost of the application if it sells 100 units? 1,000 units? 1 million units?

LO28.5

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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