Average variable cost

12 42 Minimum AVC MC AVC Minimum MC 4.0 7.0 Output The figure above shows a firm's average variable cost and marginal cost curves Based on the figure above, the firm's marginal product curve slopes upward at levels of output between _ and the firm's average product curve slopes upward at levels of output between O 0 and 7.0; 4.0 and 7.0 4.0 and 7.0; 4.0 and 7.0 O 4.0 and 7.0; 0 and 4.0 O O and 4.0; 0 and 7.0 O More information is needed to answer the