choose the right answer Investment and marginal productivity of capital Kyle dec

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Investment and marginal productivity of capital Kyle decides to quit his job as an economic consultant and start up a fleet of fishing boats on a medium-sized lake. He is trying to decide how many boats to buy to maximize his profit. Each boat costs $100,000. Kyle will finance the purchase by borrowing money at the market interest rates. If the market price offish is $200 per ton and the market interest rate is 30%, then how many boats should Kyle buy? 3 boats 2 boats 1 boat 4 boats

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3

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