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Consider the diagram below. Curves 18 are the short-run curves which occur with different plant sizes. I} 2 II E 8 1012141613 Quantity [in 1,0005}

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Consider the diagram below. Curves 18 are the short-run curves which occur with different plant sizes. I} 2 II E 8 1012141613 Quantity [in 1,0005} {3) On the graph show the range of outputs for: {1) econornies of scale; (2) diseconornies of scale. [b] In the long run, what plant size should the firm build if. it wants to produce for (1} 0000 units; (2) 14,000 units

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