1:39 65 app.sophia.org Question Tutorials MC ATC ATC Firm Demand = AR MR = MC X O 9MC Quantity Output MR Firm X a.) Zero economic profit, or normal profit ( b.) $5,000 profit O c.) $1,000 profit d.) $10,000 profit SUBMIT MY ANSWER Report an issue with this question1:39 65 app.sophia.org Question Tutorials Consider the graph below. Suppose qMC = 500, pMC = $20, and ATC = $20 at 500 units. Is the profit-maximizing firm in monopolistic competition making a profit or loss, and by how much? y Price MC ATC ATC Firm Demand = AR MR = MC - X 9MC Quantity Output MR Firm X a.) Zero economic profit, or normal profit b.) $5,000 profit c.) $1,090 profit