Figure: Profit Maximization in Monopolistic Competition (Figure

Multiple Choice

Figure: Profit Maximization in Monopolistic Competition (Figure: Profit Maximization in Monopolistic Competition) In panel A of the figure Profit Maximization in Monopolistic Competition, if the firm raises its price above P, it will:

A) lose all of its customers.
B) still have some customers.
C) not lose any customers.
D) gain many new customers.