Econ Homework!!!Help

1. The average cost curve equals the sume of average fixed cost and average variable cost. Thus, at average curve curve maximum, it will not equal to marginal cost. Indeed, average variable cost equals marginal cost at unit 1. F
2. Certainly false as they are U-shaped curves.
3.It is false, too. As average cost equals sum of average fixed cost and average variable cost. Average variable can never above average total cost. However, it will approach average cost as average fixed cost diminished as output rises.