Suppose Susan owns a business that operates in a market characterized by monopolistic competition.Susan's profit-maximizing price is $12,her profit-maximizing output is 900 units per week,and her profits are $1,800 per week.Susan decides that she needs more profits and therefore raises her price to $15.At the new price of $15:
A)profits will increase.
B)profits will remain at $1,800.
C)marginal revenue will be greater than marginal cost.
D)marginal revenue will be less than marginal cost.

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The Answer of Suppose Susan owns a business that operates in a market characterized by monopolistic competition.Susan's profit-maximizing price is $12,her profit-maximizing output is 900 units per week,and her profits are $1,800 per week.Susan decides that she needs more profits and therefore raises her price to $15.At the new price of $15:
A)profits will increase.
B)profits will remain at $1,800.
C)marginal revenue will be greater than marginal cost.
D)marginal revenue will be less than marginal cost.

Suppose Susan Owns a Business That Operates in a Market