(Solved): Which statement is false? Costs that are small and unimportant with little impact on profits are ca ...

Which statement is false? Costs that are small and unimportant with little impact on profits are called marginal costs. A marginal cost curve will always intersect the average total cost curve at the minimum average total cost. Marginal cost is the change in a firm's total cost due to a one unit change in output. Marginal cost and marginal productivity are inversely related. Consider the table. What is the marginal cost of the ninth unit based on the table? \$340 \$60 \$0 -\$60