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−50,000

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.
C(x)
=

C'(x)
=

C(x)
=