Suppose the total cost for various levels of output for a competitive price-taker firm are given in the table below: 
If the market price is $8, how many units should the firm produce to maximize profit?
Definitions:
Contribution
The amount by which sales revenue exceeds the variable costs of a product, representing the portion of sales that helps to cover the company's fixed costs.
Planting Time
The optimal period during which seeds should be sown to achieve the best growth and yield potential.
Contemporary Texas Hill Country Wines
Modern wines produced in the Texas Hill Country, reflecting the unique terroir and innovative winemaking practices of the region.
Raw Materials
Basic, unprocessed inputs that are used in the manufacturing process to create finished goods.
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