Consider the following short-run cost curves for a profit-maximizing firm in a perfectly competitive industry. 
FIGURE 9-2
-Refer to Figure 9-2.If the price is $6 and the firm is producing at its profit-maximizing output,then total costs for the firm are
Definitions:
Consistency
The quality of achieving a level of performance or the adherence to a pattern or standard without significant variation.
Concise Language
The use of few words to convey an idea effectively without unnecessary detail or filler.
Jehoiakim of Judah
A king of the ancient Kingdom of Judah, known for his reign in the 7th century BCE and mentioned in the Hebrew Bible.
Shih Hwang-ti
The founder of the Qin dynasty in ancient China, known for unifying the country and for his role in beginning construction of the Great Wall of China.
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