Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost each month for various levels of production if * uses one, two, or three factories. (Note: ( equals the total quantity of bikes produced by all factories.) Average Total Cast (Dollars per bike) Number of Factories Q = 100 0 = 200 Q = 300 Q = 400 0 = 500 Q = 600 440 320 240 320 480 720 ORS 400 240 240 400 580 720 480 320 240 320 440 Suppose Ike's Bikes is currently producing 100 bikes per month in its only factory. Its short run average total cost $ $ per hike. Suppose Ike's bikes is expecting to produce 100 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using On the following gash, plot the three short-run average total cost curves (SRAY C) for the's Bikes from the previous tabic. Soodically, use the green points (triangle symbol) to plat it's short -fun average total cast if It operates one factory (SHAY C., ); as the purple paints (diamond symbol) to plot its short-ran average total cost if it operates two factories (SKATCe); and use the orange points (square symbol) to plot is short-run average total cost If it operates three factories (SRATC:]. Finally, plot the long-run average total cost (LRATC) for Ike's dikes using the blue points (orcle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automaticallyNote: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically A SRATC. SHAIG -0- AVERAGE TOTAL COST (Dollars par bike) SRATG 250 LRATC QUANTITY OF OUTPUT [Bikes) In the long run, over which range of output levels does Ike's Bikes experience constant returns to scale?' More than 400 bikes per month ( Fewer than 300 bikes per month Between 300 and 400 bikes per month