Which One of the Following Statements Is False

Multiple Choice

Which one of the following statements is false?

A) The average total cost curve and average variable cost curve are U-shaped.
B) The gap between the average total cost curve and the average variable cost curve equals marginal cost.
C) The gap between the average total cost curve and the average variable cost curve narrows as output increases.
D) The marginal cost curve intersects the average variable cost curve at minimum average variable cost.
E) The marginal cost curve intersects the average total cost curve at minimum average total cost.