Which of the Following Correctly Describes the Relationship Between the Marginal

Multiple Choice

Which of the following correctly describes the relationship between the marginal cost and average variable cost curves?

A) The marginal cost curve is always above the average variable cost curve.
B) The average variable cost curve is always above the marginal cost curve.
C) The marginal cost curve crosses the average variable cost curve at the average variable cost curves' minimum point.
D) The marginal cost curve crosses the average variable cost curve at the marginal cost curves' minimum point.
E) Both the average variable cost curve and the marginal cost curve first rise and then fall.