Question: If marginal cost ( MC ) is equal to average total cost ( ATC ) , then average total cost ( ATC ) is at

If marginal cost (MC) is equal to average total cost (ATC), then
average total cost (ATC) is at its minimum.
marginal cost (MC) is at its minimum.
average variable cost (AVC) is greater than average total cost (ATC).
marginal cost (MC) is zero.

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