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 current market price is $6,the profit-maximizing output for this firm is
Definitions:
Consideration
In contract law, a crucial element that refers to something of value promised to another when making a contract.
Liquidated Debt
Debt for which there is no dispute between the parties about the fact that money is owed and the amount of money owed.
Enforceable Accord
An agreement that is legally binding and can be upheld in court.
Consideration
Something of value that is given by both parties to a contract as the agreed-upon price or exchange for the contractual promises.
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