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Use the following Forbes LEADERSHIP STRATEGY Elon Musk's Economies Of Scale Won SpaceX The NASA Moonshot SpaceX wasn't the only company that wanted a contract

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Use the following Forbes LEADERSHIP STRATEGY Elon Musk's Economies Of Scale Won SpaceX The NASA Moonshot SpaceX wasn't the only company that wanted a contract with NASA. However, Spacex was awarded the contract 1. Draw a correctly labeled long-run curve for Spacex. Use an 'X' to mark where SpaceX is along the long-run curve. 4 pts. 2. Explain why you put the 'X' where you did. In other words, what is this particular production scale effect called and what does it mean if SpaceX (or anyone) is here? 6 pts. 3. Let's say Spacex is a monopoly and controls the market. How could the federal government regulate the prices that Spacex wants to set? In other words, name the remedy (from your class notes) that could be imposed. You may not use anti-trust laws as an answer and a non-class answer will not be accepted. 4 pts

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