Question 1: 4 marks
On a single graph show the ATC, AVC and MC curves. Be sure to label your axes correctly.
Explain how these three U-shaped curves are differentſ. Show the minimum quantities for each
curve. Explain the economic significance of each of the minimum quantities.

What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided