Refer to the Information Provided in Figure 15

Multiple Choice

Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. Figure 15.1
-Refer to Figure 15.1. The ________ number of haircuts for Dom's Barber Shop is 20.

A) profit-maximizing number
B) loss-minimizing number
C) shutdown quantity
D) break-even