Question: A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis. TN Biloxi. MS or Birmingham AL Prepare an economic analysis of the three locations given the following information Annual costs for building, equipment, and administration would be $34, 800 for Memphis. $60,000 for Biloxi and $100,000 for Birmingham Labor and materials are expected to be $8 per unit in Memphis, $4 per unit m Biloxi and $5 per unit in Birmingham The Memphis location would increase system transportation costs by $50,000 per year the Biloxi location by $60 000 per year, and the Birmingham location by $23,000 per year Expected annual volume is 10 800 units (Omit the sign in your response.)