Use the following two statements to answer this question: 1. The average cost curve and the average variable cost curve reach their minima at the same level of output. II. The marginal cost curve reaches its minima at the level of output before the average cost curve Select one: O a. I is false, and Il is true. O b. You do not know O c. Both I and II are true. O d. Both I and Il are false O e. I is true, and Il is false