Hula hoop fabricators cost $100 each. The Hi-Ho Hula Hoop Company is

trying to decide how many of these machines to buy. HHHHC expects to

produce the following number of hoops each year for each level of capital

stock shown. Hula hoops have a real value of $1 each. HHHHC has no other

costs besides the cost of fabricators.

trying to decide how many of these machines to buy. HHHHC expects to

produce the following number of hoops each year for each level of capital

stock shown. Hula hoops have a real value of $1 each. HHHHC has no other

costs besides the cost of fabricators.