Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
Figure: Profits in Monopolistic Competition
-(Figure: Profits in Monopolistic Competition) Use Figure: Profits in Monopolistic Competition.A long-run equilibrium is illustrated at the profit-maximizing price _____ in panel _____.

A) A; (A)
B) E; (B)
C) B; (A)
D) N; (C)