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Figure: Profit Maximization in Monopolistic Competition Use the following to answer questions: Figure: Profit Maximization in Monopolistic Competition   -(Figure: Profit Maximization in Monopolistic Competition)  In the short run, a firm in monopolistic competition may earn economic profits. The profits in the figure Profit Maximization in Monopolistic Competition, panel (A) , are: A)  PS. B)  PS × M. C)  PS × Q. D)  PT × Q.
-(Figure: Profit Maximization in Monopolistic Competition) In the short run, a firm in monopolistic competition may earn economic profits. The profits in the figure Profit Maximization in Monopolistic Competition, panel (A) , are:


A) PS.
B) PS × M.
C) PS × Q.
D) PT × Q.

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