Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed.

PART 5 Firm Behavior and the Organization of Industry
Chapter 13 of 36 The Costs of Production 
Section 19 of 22
…
How many cups of coffee should Conrad aim to sell to maximize profits?
Assume the local competitive price of a cup of coffee is $1.40.
Table 3, cost data from Table 2, shows the answer, 6 cups.
… …
competitive product price
kyōsō ryoku seihin kakaku
競争力製品価格

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