Use the following to answer questions:
Figure: Profit Maximization for a Firm in Monopolistic Competition 
-(Figure: Profit Maximization for a Firm in Monopolistic Competition) Look at the 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 maximum economic profit is:
Definitions:
Multinational Corporations
Large companies that operate in multiple countries, beyond their original or home base, often involved in various businesses.
Domestic Labour Force
The total number of people within a country's boundaries who are available for work, including both the employed and those seeking employment.
Foreign Labour Markets
Job markets in countries different from one's own, often considered by companies for outsourcing or by individuals for employment opportunities.
International Business
Commercial activities that involve the transactions of goods, services, resources, technology, or capital across national borders.
Q7: Monopolistically competitive firms have zero economic profits
Q49: (Figure: Market Failure) In the figure Market
Q84: (Figure: Profit Maximization in Monopolistic Competition) Look
Q94: (Figure: Monopoly Profits in Duopoly) The figure
Q101: (Table: Total Cost and Total Individual Benefit)
Q151: (Figure: Collusion) Look at the figure Collusion.
Q159: (Figure: Efficiency and Pollution) Look at the
Q220: An industry is made up of five
Q246: Firm A and firm B have identical
Q291: An industry that is dominated by a