When a Fine Caterer Produces 30 Catered Meals, Its Marginal

Multiple Choice

When a fine caterer produces 30 catered meals, its marginal cost and average variable cost each equal $10.Therefore, assuming normally shaped cost curves, at 29 meals:

A) its marginal cost is greater than $10 and its average variable cost is less than $10.
B) its marginal cost is less than $10 and its average variable cost is more than $10.
C) its marginal cost and its average variable cost are each greater than $10.
D) its marginal cost and its average variable cost are each equal to $10.