Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
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.