unDLIUll 0. Pick a local DFW organization that you know well. maybe your workplace, a chainrestaurant, or any other local business. Tell us where exactly that business is located. Are the decisions made from the top by people with limited information or are decisions made at the local level? Now imagine how that organization could change. (10 Points) A } 0:00 / 11:07 1 pm: 1 nave nevermpla a cneckmr DUU,UUU '0) Q .2' Season 3, Episode 11: "Wine Balloon," owned by Eric Corti, produces a winepreserving product. The product currently sells for $22 and costs $6.50/unit when production is at 700 units. The sharks advise that the potential to cut costs are huge and hence increase revenue. If he produces 100,000 production cost per unit will fall to $2.50. That would be a $4/unit savings! Question 4 A: This nicely illustrates economies of scale. Do you agree? What do you mean by economies of scale? (5 points) Question 4 B: Calculate total costs using the average cost formula for both low and high production levels. (10 points)