you could throw \infty money at an ad campaign and still not get good results, there’s no definite answer for either of these questions
put a little money and see how a test run goes, study when/where to advertise for your type of game and targeted age range, there are lots of resources on devforums talking about this. Also consider going off-platform to TikTok.
In my opinion… a small campaign run should be R$2500-R$10000, less than that and it’s a fart in the wind, outbid by larger campaigns for the same adspace.