(Solved): 5. Costs in the short run versus in the long run Scooter's Scooters is a large American manufacture ...

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 Spokane. Currentiy, the company produces all of its sq using a single manufacturing tacilty, its factory in town. Recently, manggement has been considering expanding operations to one or two addit fectories. The following table presents the manufocturer's monthly short-run average total cost (SRATC) for various levels of production if it ope out of one, two, or three factories, (Note: Q equals the total quantity of scooters produced by all factories.) Suppose Scooter's Scooters is currently producing 100 scooters per month in its only tactory. fts stiont-run average total cost is Suppose Scooter's Scooters is expecting to produce 100 scooters per month for several years, in this case, in the long runi, it would choose to h scooters using On the following graph, plot the three SRATC curves for Scooter's Scooters from the previous toble. Specifically, use the green points (thangle symbol) to plot its SRATC curve if it operates one factory (SRATC 1 ); use the purple points (clamand symbol) to plot its SRATC curve if it operit factories (SRATC \( ) \); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC.). Finallic plot th tun average total cost (LRATC) curve for Scooter's Scaoters 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 outomatically.