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Figure 10.3.1 Refer to Figure 10.3.1, which shows the firm's total cost cur...

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A graph plots output versus cost.In the graph, the horizontal axis is labeled output (teapots per day), and the vertical axis is labeled cost (dollars per day). The horizontal axis ranges from 0 to 20 in increments of 5 units, and the vertical axis ranges from 0 to 15 in increments of 5 units. A straight line labeled, A passes through points (4,3), (10,3), (14,3), (15,3), and (17,3). An upward curve labeled B passes through points (4,3), (10,4), (14,6), (15,7), and (17,8). An upward curve labeled C passes through points (10,8), (14,8), (15,9), and (17,12), respectively. All the values are estimated.
Figure 10.3.1

Refer to Figure 10.3.1, which shows the firm's total cost curves. Which of the following statements is false?
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