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kindly share the answer asap 3. What is the relationship between rm's total revenue. total costs and rm's prots or losses? Explain what are different

kindly share the answer asap

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3. What is the relationship between rm's total revenue. total costs and rm's prots or losses? Explain what are different types of costs of production. Explain with help of example what are opportunity costs? How are total costs. average costs and marginal costs related? Explain with the help of formula and graph how average Costs (AC) curve is derived and why Average cost curve is U- shaped. What is the point of minimum costs *

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