5. Costs in the short run versus in the lone run They Bkes is a major manufacturer of bicydes. Currently, the company produces bikes using anly one factiory. Mowever, it is considering evpanding production to two or even three factories. The following tabile shows the compstyrs thort-run sverage total cost (sadic) each month for warisus levets of production if it uses one, two, or three focteries. (Mote: Q equals the total quantity of bikes produced by all factories.) Suppose Tke's Bikes is currently producing 450 bikes per month in its only factory. fts short-runt average total cost is per bike. Suppose the's Blkes is expecting to produce 450 bikes per month for several years. In this case, in the long run, it would choese to groduce bikes using On the following graph, plot the three SRATC curves for thes aikes from the previous table. Specifically, use the green paints (triangle symboi) to plot SRATC2 ); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC.). Finaily, plot the itong.run average total cost (LRATC) curve for the's Bikes using the blie points (circle symbor). In the following table, indicate whether the long-run average cost curve exhibits economics of scale, constant refurns to scale, or diseconomies of scale for each range of bike production