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Safari File Edit View History Bookmarks Window Help Chapter 13 Homework.docx Hubert lives in San Diego and operat... a ng.cengage.com MindTap - Cengage Learning 0) 3. Costs in the short run versus in th... Sukhman v My Home Courses Catalog and Study Tools Rental Options College Success Tips Career Success Tips Help Give Feedback CENGAGE I MINDTAP Homework (Ch 13: The Costs of Production) Back to Assignment Attempts Keep the Highest / 4 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 Lansing. 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.) Number of Factories Average Total Cost (Dollars per scooter) Q = 300 Q = 400 Q = 100 440 620 800 Q = 200 280 380 480 240 240 320 320 240 240 Q = 500 480 380 280 Q = 600 800 620 440 Suppose Scooter's Scooters is currently producing 100 scooters per month in its only factory. Its short-run average total cost is 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 On the following graph, plot the three SRATC curves for Scooter's Scooters from the previous table. Specifically, use the green points (triangle symbol) to plot its SRATC curve if it operates one factory (SRATCI ); use the purple points (diamond symbol) to plot its SRATC curve if it operates two factories ( SRATC2); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC3). Finally, plot the long-run average total cost (LRATC) curve for Scooter's Scooters using the blue points (circle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Sat Nov 18 2:16 AM how to take ss on mac - Google Sear... Q Search this course DCx