Refer to the information provided in Figure 15.2 below to answer the question(s) that follow. 
Figure 15.2
-Refer to Figure 15.2. The ________ quantity of perms for We Do Hair, a monopolistically competitive firm, is 40.
Definitions:
Accounting Principles
The rules and guidelines that businesses follow to report financial information consistently and accurately.
Private Sector
The part of the economy that is owned and operated by individuals and companies for profit, and is not controlled by the state.
Financial Accounting Standards Board
An independent organization responsible for establishing and improving financial accounting standards in the United States.
Economic Entity Assumption
A fundamental principle in accounting that separates the transactions of a business from those of its owners or other businesses.
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