Use the Following Two Statements to Answer This Question: I

Multiple Choice

Use the following two statements to answer this question: I. The average total cost of a given level of output is the slope of the line from the origin to the total cost curve at that level of output.
II) The marginal cost of a given level of output is the slope of the line that is tangent to the variable cost curve at that level of output.

A) Both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) Both I and II are false.