1) The document discusses hysteresis and eddy current losses in magnetic circuits. Hysteresis loss is due to the lagging of magnetic flux behind the magnetic field strength, while eddy current loss is caused by induced currents within the magnetic material.
2) Total iron loss in a magnetic core is the sum of hysteresis and eddy current losses. Hysteresis loss depends on the area of the hysteresis loop, while eddy current loss depends on the rate of change of flux and resistance of the material.
3) To reduce eddy current loss, magnetic cores are made of thin laminated sheets with insulation between layers, as this decreases induced currents within the core from the changing magnetic flux.