Problem
Use the following graph to answer the questions below.
a. At what level is AVC at its minimum? Why is it at its minimum at this point?
b. At what level is ATC at its minimum? Why is it at its minimum at this point?
c. At what level is MC at its minimum? Why is it at its minimum at this point?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.