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Submit Competitive Capital Markets and Payments to Capital Exercise 4 (Algo) Joe's House of Birds produces bird houses. Evaluate each of the following statements to

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Submit Competitive Capital Markets and Payments to Capital Exercise 4 (Algo) Joe's House of Birds produces bird houses. Evaluate each of the following statements to determine whether Joe should rent the piece of capital to make bird houses. Joe sells his bird houses for $24 each. a. Joe is deciding whether to rent an electric saw that would increase production from 200 bird houses a day to 250 bird houses a day. Rent for the saw is $1,250 per day. Joe should (Click to select) b. Joe also has the opportunity to rent a paint sprayer that would increase production from 200 bird houses a day to 220 bird houses a day. Rent for the sprayer is $525 per day. Joe should (Click to select) c. Finally, Joe has the opportunity to rent a boxing machine that would increase production from 200 bird houses a day to 240 bird houses a day. Rent for the boxer is $800 per day. Joe should (Click to select) v

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