![Draw Average Variable Cost (AVC), Average Total Cost (ATC) and Marginal Cost (MC) curves in a single diagram. Draw Average Variable Cost (AVC), Average Total Cost (ATC) and Marginal Cost (MC) curves in a single diagram.](https://d10lpgp6xz60nq.cloudfront.net/physics_images/SG_MIC_ECO_PW_E01_011_S01.png)
Draw Average Variable Cost (AVC), Average Total Cost (ATC) and Marginal Cost (MC) curves in a single diagram.
![Part 1. Explain how to derive the firm's AC, AVC, and MC curves. Part 2. And What geometric relationships hold among AC, AVC, and MC? Why? – the free answer Part 1. Explain how to derive the firm's AC, AVC, and MC curves. Part 2. And What geometric relationships hold among AC, AVC, and MC? Why? – the free answer](http://d2vlcm61l7u1fs.cloudfront.net/media%2Fb97%2Fb97d9d37-6adc-4fba-9a80-7db7c8196d02%2FphpptBWW1.png)
Part 1. Explain how to derive the firm's AC, AVC, and MC curves. Part 2. And What geometric relationships hold among AC, AVC, and MC? Why? – the free answer
![Ac curve must eventually rise during short period Do u agree - Economics - Production and Costs - 13277585 | Meritnation.com Ac curve must eventually rise during short period Do u agree - Economics - Production and Costs - 13277585 | Meritnation.com](https://s3mn.mnimgs.com/img/shared/content_ck_images/ck_5c25e3a88e3ad.jpg)