Analyze if the following statements are True or False. Justify your answer.

(a)"The difference between the average total cost and the average variable cost is con- stant and equal to the fixed cost for any level of quantity."

(b)"If a production function exhibits increasing return to scale, the average variable cost is increasing and the marginal cost is below the average variable cost."

(c)"The point at which the marginal cost intersects the average variable cost represents the point at which the average fixed cost is at its minimum."