B Scooter's Scooters is a large American manufacturer of electric scooters operating out of Boise. 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-100 Q200 Q=300 Q-400 Q 500 1 360 200 160 240 400 Q=600 720 2 540 300 160 160 300 540 3 720 400 240 160 200 360 Suppose Scooters Scooters is currently producing 100 scooters per month in its only factory. Its short-run average total cost is S per scooter Suppose Scooter's Scooters is expecting to produce 100 scooters per month for several years. In this case, in the long run, it would choose to produce scooters using ASS Sumy On the following graph, plot the three SRATC curves for Scooter's Scooters from the previous table. Specifically, use the green points (triangle Search a A-Z 1221 PM 4/23/200 B Your cousin Vinnie owns a painting company with fixed costs of $150 and the following schedule for variable costs: Quantity Variable Cost (Houses Painted per Month) (Dollars) Average Fixed Cost (Dollars) Average Variable Cost (Dollars) Average Total Cost (Dollars) 1 15 2 35 3 60 4 90 5 135 240 The efficient scale is houses. 45F Sunny 480 Q Search Grade It Now Save & Continue Continue without saving