Question 2: South Korea Hula Hoop fabricators costw 120,000 (Korean Won) each. The South Korea Hula Hoop Company (SKHHC) is trying to decide how many of these machines to buy. SKHHC expects to produce the following number of hoops each year for each level of capital stock shown. Number of Fabricators Number of Hoops Produced per Year In South Korea, hula hoops have a real value of\"! 1200 each. SKHHC has no other costs besides the cost of fabricators. a) Find the expected future marginal product of capital for each level of capital b) If the real interest rate is 5% per year and the depreciation rate of capital is 20% per year, find the user cost of capital. How many fabricators should the (SKHHC) buy? c) Repeat part (b) for a real interest rate of 2% and depreciation rate of 10% d) Repeat part (b) for a 40% tax on SKHHC's sales revenues? e) A technical innovation doubles the number of hoops a fabricator can produce. How many fabricators should SKHHC buy when the real interest rate is 5% per year? Assume that there are no taxes and that the depreciation rate is still 20% per year