Use the following to answer question:
Figure: Profit Maximization for a Firm in Monopolistic Competition 
-(Figure: Profit Maximization for a Firm in Monopolistic Competition) Use Figure: Profit Maximization for a Firm in Monopolistic Competition.Suppose that an innovation reduces a firm's costs from ATC to ATC'.After the innovation reduces the cost,the firm's economic profit at the new profit-maximizing quantity is:
Definitions:
Employer
An individual or organization that hires and pays for the services of others to perform specific tasks.
Unemployment Compensation
Financial payments given to individuals who have lost their jobs through no fault of their own, to support them temporarily.
Federal Level
Pertaining to the national government of a country, as opposed to state, local, or municipal levels.
Workers' Compensation
Insurance that provides wage replacement and medical benefits to employees injured in the course of employment, in exchange for mandatory relinquishment of the employee's right to sue their employer for negligence.
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