ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that a new cell phone application costs $250,000
to develop and only $0.60 per unit to deliver to each cell phone customer.
Instructions: Round your answers to two decimal places.
What will be the per-unit cost of the application if it sells 100 units?
Per-unit cost = $1
What will be the per-unit cost of the application if it sells 1000 units?
Per-unit cost $[
What will be the per-unit cost of the application if it sells 1 million units?
Per-unit cost $
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Transcribed Image Text:The per-unit cost of an item is its average total cost (= total cost/quantity). Suppose that a new cell phone application costs $250,000 to develop and only $0.60 per unit to deliver to each cell phone customer. Instructions: Round your answers to two decimal places. What will be the per-unit cost of the application if it sells 100 units? Per-unit cost = $1 What will be the per-unit cost of the application if it sells 1000 units? Per-unit cost $[ What will be the per-unit cost of the application if it sells 1 million units? Per-unit cost $
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