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Mathematics, 31.05.2021 14:20 Prettypq
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 $160,000 x for x television spots.
Required:
Write down the cost function C, marginal cost function C’, and average cost function
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