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. From society's point of view, the ________ level is 25 haircuts.

A) minimum output
B) monopoly output
C) efficient output
D) shut down