Question: 2. For the given information in the table, conduct a product-by- value analysis and interpret the results. 3. The short run costs of 4 consecutive

2. For the given information in the table,

2. For the given information in the table, conduct a product-by- value analysis and interpret the results. 3. The short run costs of 4 consecutive capacity increments are given by the expressions below (q represents the production level). Conduct a scale analysis for the long run and specify the results that you obtained I. 128+200q+391 II. 300+100q+292 III. 900+32 IV. 675+125q+q? 4. A production process requires 5 different types of machine and the current layout with operation times in minute is given and 1% for machines 1

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