Table 10.5

-Refer to Table 10.5.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-maximising number of machines for Dante to rent.Explain why renting this number of machines is profit maximising.
b.Draw Dante's demand curve for capital.
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Question

Table 10.5
 
-Refer to Table 10.5.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-maximising number of machines for Dante to rent.Explain why renting this number of machines is profit maximising.
b.Draw Dante's demand curve for capital.
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Quizplus · Accepted Answer

The Answer of Table 10.5
 
-Refer to Table 10.5.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-maximising number of machines for Dante to rent.Explain why renting this number of machines is profit maximising.
b.Draw Dante's demand curve for capital.
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Table 10.5 -Refer to Table 10.5.Dante Owns a Pencil Factory and Faces