Fully explain the relationship between various short-term costs and the cost minimization output, specifically that MC
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1.Fully explain the relationship between various short-term costs and the cost minimization output, specifically that MC=ATC at the lowest point as indicated in the excel sheet and illustrated in the graph showing all the various costs and the cost minimization output.
2. describing the relationship among the costs.
I have attached a brief that someone did for you to get an idea
And I need two references please don’t forget to put citations
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