When the Average Total Cost Curve Is at Its Minimum,we

question 18

Multiple Choice

When the average total cost curve is at its minimum,we know that the

• A) average variable cost curve intersects the average total cost curve.
• B) average variable cost curve is above the average total cost curve.
• C) marginal cost curve intersects the average total cost curve.
• D) marginal cost curve is above the average total cost curve.
• E) average fixed cost curve is above the marginal cost curve.

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