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 1,600,000X90,000\\/)( dollars forx 30second television spots. Additional fixed costs (development and personnel costs) amount to $500,000. (a) Write down the cost function C, marginal cost function (3', and average cost function (3. C(X) = C'(X) = Em = (b) Compute C'(3) and 6(3). (Round all answers to the nearest $10,000.) C'(3) = dollars per spot 5(3) = dollars per spot (c) Fill in the blanks: Since the marginal cost is - per spot ---Select ---------- v -- v the average cost per unit, increasing the number of advertising spots up from 3 will cause the average cost