
-Refer to Table 16-7. Dante owns a pencil factory and faces the situation shown in the table and the cost of renting a machine is $240 per week.
a. Fill in the blanks in the table and determine the profit-maximizing number of machines for Dante to rent. Explain why renting this number of machines is profit maximizing.
b. Draw Dante's demand curve for capital.
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a. Dante should rent 4 mach...
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