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Mathematics, 25.02.2021 14:00 mahmudabiazp3ekot

Your company is planning to air a number of television commercials during the ABC Television Network's presentation of the Academy Awards. ABC is charging your company a variable cost of 1,600,000x−40,000

x
dollars for x 30-second television spots. Additional fixed costs (development and personnel costs) amount to $500,000.
(a) Write down the cost function C, marginal cost function C', and average cost function
C.

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