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The figure below shows a graph which qualitatively relates cutting speed at cost per piece produced.

The three curves 1,2 and 3 respectively represent

(a) Machining cost, non-productive cost, tool changing cost

(b) Non-productive cost, machining cost, tool changing cost

(c) Tool changing cost, machining cost, non-productive cost

(d) Tool changing cost, non-productive cost, machining cost

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