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b. Graph all three curves [average variable cost, average total cost and marginal cost] using Excel or a piece of grid paper. Attach the graph

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b. Graph all three curves [average variable cost, average total cost and marginal cost] using Excel or a piece of grid paper. Attach the graph to this assignment. What is the relationship between the marginal- cost curve and the average total cost curve? Between the marginal cost curve and the average variable cost curve? Explain

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