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Suppose Veronica sells teapots in the perfectly competitive teapot market. Her output per day and her costs are as follows: Output per Day Total Cost

Suppose Veronica sells teapots in the perfectly competitive teapot market. Her output per day and her costs are as follows:

Output per Day

Total Cost

0

$20

1

32

2

37

3

48

4

61

5

75

6

92

7

113

8

136

Suppose the current equilibrium price in the teapot market is $10. To maximize profit (or minimize loss),Veronica will produce a quantity of _____ teapots.

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