Business
Business, 14.04.2020 19:31, TayTae2237

A private farmer hesitates in considering buying new machines to work on his land. The cost of the new machines is K . Without new machines, the output on his land is Ta , where T stands for land. With new machines, output will be bTa , where b > 1. Calculate the amount T above which it is profitable to use the new technology.

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