Question 1) Suppose that work hours in New Zombie are 300 in year 1 and productivity is $18 per hour worked

1)

a) Computation of Zombie's Real GDP:

Real GDP in year 1 = Working Hours * Productivity = 300*$18 per Hour = $5,400

b) Computation of Zombie's Rate of Economic Growth:

Real GDP in year 2 = Working Hours * Productivity = 320*$20 per Hour = $6,400

Rate of Economic Growth = ($6,400-$5,400)/$5,400 = 18.52%

2) Per unit Cost = TC/Q

Here,
TC = Total Cost = Fixed Cost + Variable Cost
Fixed Cost = $150,000
Variable Cost = $0.5*Q
Q-quantity

a) Computation of Per-unit cost of the application if it sells 100 units:

Total Cost = $150,000+$0.5*100 

= $150,000+$50

Total Cost = $150,050

Per Unit Cost = $150,050/100 = $1,500.50

b) Computation of Per-unit cost of the application if it sells 1000 units:

Total Cost = $150,000+$0.5*1000 

= $150,000+$500

Total Cost = $150,500

Per Unit Cost = $150,500/100 = $150.50

c) Computation of Per-unit cost of the application if it sells 1,000,000 units:

Total Cost = $150,000+$0.5*1000000

= $150,000+$500,000

Total Cost = $650,000

Per Unit Cost = $650,000/1000000 = $0.65