Ishaan, Piyush and Bhavya are three friends talking about the relationship between marginal cost (MC) and average cost (AC).
• Ishaan says, "Mc curve intersects AC curve from abvoe".
• Bhavya says, "MC curve does not intersect AC curve at all".
• Piyush says, "MC curve intersects AC curve from below".
Out of the three , Who is correct ?