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 profit-maximizing number of haircuts for Dom's Barber Shop is
Definitions:
Preferred Stock
A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with fixed dividends and no voting rights.
Constant Dividend
A dividend policy in which a firm aims to distribute a fixed or constant amount of money to its shareholders as dividends on a regular basis.
Perpetuity
A financial concept representing a series of equal payments that continue indefinitely.
Outstanding Stock
The shares of a company that have been issued and are currently held by investors, including both public and private shareholders.
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