If the quantity of good A (QA) is plotted along the horizontal axis, the quantity of good B (QB) is plotted along the vertical axis, the price of good A is PA, the price of good B is PB and the consumer's income is I, then the slope of the consumer's

The above figure shows the situation of a monopolistic competitor in the short run. The maximum economic profits of the firm equal

A) $50,000. B) $30,000. C) 15,000. D) zero.

A monopolist's profits with price discrimination will be

a. lower than if the firm charged a single, profit-maximizing price b. the same as if the firm charged a single, profit-maximizing price. c. higher than if the firm charged just one price because the firm will capture more consumer surplus. d. higher than if the firm charged a single price because the costs of selling the good will be lower.