2.16 You are the manager of a large, perfectly competitive wheat farm. The price of wheat is $6 per bushel. The table gives your total costs for different quantities. What is the profit-maximizing quantity of wheat? Carefully explain your answer.

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Quantity (bushels of wheat) 100,000 Total Cost (dollars) $555,000 100,001 555,002 100,002 555,005 100,003 555,009 100,004 555,014 100,005 555,020