Question: 1st attempt Consider the three figures below, depicting possible cost functions for a firm. The horizontal axis measures output in all figures, while the vertical

1st attempt Consider the three figures below, depicting possible cost functions for a firm. The horizontal axis measures output in all figures, while the vertical axis measures dollars. Which of the following statements are correct? Choose one or more: A. Figure A could represent the average total cost. B. Figure B could represent the average total cost. C. Figure C could represent the average total cost. D. If Figure B represents the average variable cost, then Figure C could not represent the average total cost. E. If Figure B represents the marginal cost, then Figure C cannot represent the average total cost

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