The marginal-cost curve intersects the average-fixed-cost curve at the minimum of marginal cost.

Name: The marginal-cost curve intersects the average-fixed-cost curve at the minimum of marginal cost.
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The marginal-cost curve intersects the average-total-cost curve at its minimum, not the average-fixed-cost curve. The average-fixed-cost curve continually declines as output increases, and it does not have a minimum point where it intersects with the marginal-cost curve.

The Marginal-Cost Curve Intersects the Average-Fixed-Cost Curve at the Minimum