A Firm's Short-Run Cost Curves,as Conventionally Drawn,show That

Multiple Choice

A firm's short-run cost curves,as conventionally drawn,show that

A) AFC increases as output increases.
B) ATC = TFC + TVC.
C) AVC decreases as long as MC > AVC.
D) the MC curve intersects the AVC and ATC curves at their maximum points.
E) ATC decreases and then increases as output increases.