-Refer to Figure 7-5

Multiple Choice

-Refer to Figure 7-5. Identify the curves in the diagram.

A) E = average fixed cost curve; F = variable cost curve; G = total cost curve, H = marginal cost curve
B) E = marginal cost curve; F = total cost curve; G = variable cost curve, H = average fixed cost curve
C) E = average fixed cost curve; F = average total cost curve; G = average variable cost curve,
D) E = marginal cost curve; F = average total cost curve; G = average variable cost curve;