Problem
1. A Toyota plant has fixed costs of $300 million and variable costs of $540 million. If it produces 60,000 cars, how much is the average total cost of producing one car?
2. If it cost Amazon $10 million to set up a database of potential customers and $100,000 each time it e-mailed them an advertising message, what would be the average total cost of sending out 10 e-mails? What would be the average total cost of sending out 100 e-mails?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.