At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Which of the following is correct as it relates to the marginal cost, average variable cost, average total cost, average fixed cost)? Choose 2. (1 Point) Please select 2 options. Average variable cost intersects marginal cost at its minimum. Marginal cost intersects average total cost at its minimum. Average cost first falls and then rises as production increases. Marginal cost intersects average fixed cost at its minimum point. Marginal cost first rises and then falls as production increases.