Indicate the correct order of the following cost curves based on the level of output at which they attain minimum level ?
1. Average Variable Cost (AVC) Curve
2. Average Total Cost (ATC) Curve
3. Marginal Cost (MC) Curve
Choose among the codes below :
1
3, 2, 1
2
2, 1, 3
3
1, 2, 3
4
3, 1, 2