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Identify the truthfulness of the following statements: I

Accounting

Identify the truthfulness of the following statements:

I. Marginal cost can be measured as the slope of the total cost curve.

II. Average total cost can be measured as the slope of the ray from the origin to the total cost curve.

a. Both I and II are true,

b. I is false; II is true,

c. I is true; II is false,

d. Both and II are false.

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