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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 panel (B)  of the figure Profit Maximization in Monopolistic Competition, the long-run equilibrium will result in: A)  no economic profits. B)  no accounting profits. C)  a tangency of the ATC curve with the MR curve. D)  no economic profits and a tangency of the ATC curve with the MR curve.
-(Figure: Profit Maximization in Monopolistic Competition) In panel (B) of the figure Profit Maximization in Monopolistic Competition, the long-run equilibrium will result in:


A) no economic profits.
B) no accounting profits.
C) a tangency of the ATC curve with the MR curve.
D) no economic profits and a tangency of the ATC curve with the MR curve.

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