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Business, 11.02.2021 17:20 shadow56

Your company is planning to air a number of television commercials during a television network's presentation of the an awards show. The network is charging your company $1.9 million per 30-second spot. Additional fixed costs (development and personnel costs) amount to $500,000, and the network has agreed to provide a discount of $130,000 x for x television spots. (a) Write down the cost function C, marginal cost function C', and average cost function C.

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