Consider Firm GM, a car manufacturer. Suppose you have some information regarding the cost curves of Firm GM: Output Average Cost ( at that output level) Marginal Cost of that Car 9,999 ? $ 12,000 10,000 $ 14,000 $ 11,500 19,999 ? $ 12,500 20,000 ? $ 12,600 Will the Average cost of 9,999 cars be greater than $ 14,000, less than $ 14,000, or can you not tell with the information given? (Hint: it might help to draw a graph of AC and MC, and see if you can place units 9,999 and 10,000 on that graph). Greater than $ 14,000 Less Than $ 14,000 Can't Tell with the information given