I just need to figure out where the AC and AVC curves go so that they are consistent wit the marginal cost curve.

Portia owns and manages a sporting apparel company. Consider the given average cost (AC), average variable cost (AVC), and marginal cost (MC) curves for track suits. All but the MC curve have been placed incorrectly. Portia knows that the minimum average cost for a track suit is $7 and the minimum of average variable cost is $5. Rearrange the AC and AVC curves so that they are consistent with the marginal cost curve. If the average fixed cost curve is added to the graph, its 20 shape would be 19 AVC MC O always increasing. O U shaped. always decreasing. O constant. Price ($) O -NWA CIO VODO-NWAONO AC 0 1 2 3 4 5 6 7 8 9 10 Qauntity