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lectur22-page5 - Each time you exceed your limit of...

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Note: If 400 acres was all I could do with one combine in a season, it would pay to purchase my own. But if I owned 550 acres, then it would pay to purchase one combine and have the remaining 150 acres custom combined. If I had 700 acres, it would pay to buy 2 combines.
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Unformatted text preview: Each time you exceed your limit of production with a machine, you must re-evaluate the remaining output level to see whether it pays to buy another machine or use custom service....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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