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. Number of Number of Hoops Fabricators Produced per Year MPK! O 0 NA 1 30 $ 2 55 $2 3 75 $ 4 90 $2 5 100 $ 6 105 $ Hula hoops have a real value of $8 each. HHHHC has no other costs besides the cost of fabricators. a. in the above table, find the expected future marginal product of capital (in terms of dollars) for each level of capital. The MPKf for the third fabricator, for example, is the real value of the extra output obtained when the third fabricator is added. b. Ifthe real interest rate is 8% per year and the depreciation rate of capital is 20% per year, nd the user cost of capital (in dollars per fabricator per year). uc=$E| How many fabricators should HHHHC buy? El machines