Given that:
(1) Phosphofructokinase-2 (PFK-2), upon phosphorylation, is inactive.
(2) The active PFK-2 converts fructose 6-phosphate to fructose 2,6-bisphosphate.
(3) Fructose 2,6-bisphosphate activates the glycolytic enzyme, phosphofructokinase-1
Which of the statement(s) below is (are) true?
Select one of the following: