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Quantity of Pizzas Produced Marginal Cost 0 -- 1 $12 2 $10 3 $8 4 $5 5 $4 6 $8 7 $12 12. The pizza

Quantity of Pizzas Produced Marginal Cost
0 --
1 $12
2 $10
3 $8
4 $5
5 $4
6 $8
7 $12

12. The pizza restaurant reflected in the table above is a firm in a perfectly competitive market. Each time the restaurant sells an additional pizza, its total revenue increases by $5. The marginal cost of producing different quantities of pizza is given in the table above. The profit-maximizing quantity of output is ________ pizzas.

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5

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