A firm in a competitive market has the following cost structure: 
If the market price is $8, how many units of output should the firm produce to maximize profit?
Definitions:
Dispute
A disagreement, argument, or debate, particularly one that is prolonged or legal in nature.
Neighbor
An individual who lives near or next to another; in broader terms, a person who is part of one's immediate geographical community.
Temporal Discounting
The inclination to prioritize short-term gratification over long-term benefits.
Boots
Footwear that covers the foot and the ankle and extends up the leg, sometimes as far as the knee or even the hip.
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