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The average-fixed-cost curve
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- is it true that the marginal cost curve intersects the average variable cost curve at the break-even point?If the marginal cost equals average cost, we are at the _____ point of the ____ curve.If the average-total-cost curve is falling, what is necessarily true of the marginal-cost curve? If the average-total-cost curve is rising, what is necessarily true of the marginal-cost curve?
