5. Costs In the short run versus in the long run Scooter's Scooters is a large American manufacturer of electric scooters operating out of Grand Rapids. Currently, the company produces all of its scooters using a single manufacturing facility, its factory in town. Recently, management has been considering expanding operations to one or two additional factories. The following table presents the manufacturer's monthly short-run average total cost (SRATC) for various levels of production if it operates out of one, two, or three factories. (Note: Q equals the total quantity of scooters produced by all factories.) Average Total Cost (Dollars per scooter) Number of Factories Q - 25 Q - 50 Q -75 0 100 Q - 125 Q = 150 260 200 160 2010 280 400 330 240 160 160 240 330 W N 400 280 200 160 200 260 Suppose Scooter's Scooters is currently producing 125 scooters per month in it's only factory. It's short-run average total cost is $ per scooter. Suppose Scooter's Scooters is expecting to produce 125 scooters per month for several years. In this case, in the long run, it would choose to produceOn the following graph, plot the three SAIC curves for Somers Scorn map ihe prenses table specificshy, use the green points triangle symbol) to plot its SKATC curve if it sporates one factory (SRATG ), the the murals points (damond symbol) to paid its SWATC curve &f If operates leg AndTONS (5KATO , was use the orange points (square symbol) to pow its SeiTC curve if it operates three factories (SRATGJ. Finaly, plat the long- run average foral mor (LRATE) cure for Smeter's Sooofor using the blue pant ford's gimbal Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically SAAIC AVERAGE TOTAL COST Dolan per onto) BRATG LRATE Hi QUANTITY Scopen song for nich range of scooter production. Economies of Scale Constant Returns to Scale Dioiconomins of Scale More Then 10ig scoston per month O Between 75 and 106 icoolers per month Foer than 75 scouter por month O