Table 12.5 -Refer to Table 12.5.Dante Owns a Pencil Factory and Faces

Essay

Table 12.5
-Refer to Table 12.5.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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