Use the following to answer questions :
Figure: Firms in Monopolistic Competition 
-(Figure: Firms in Monopolistic Competition) Use Figure: Firms in Monopolistic Competition.Zero economic profit will be earned if the profit-maximizing price is _____ in panel _____.
Definitions:
Free-Trade Zone
A specific region within a country where goods may be imported, handled, manufactured, or reconfigured, and re-exported without the intervention of customs authorities.
Quota
A quota is a government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a certain time period.
Restriction
A rule or regulation that limits or controls actions or developments.
Most-Favored-Nation Status
Most-Favored-Nation Status is a trade policy ensuring that a country grants the same trade advantages, like lowest tariffs, to all its trading partners.
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