Homework Help: Economics

Posted by Anthony on Monday, November 26, 2012 at 5:02pm.

Derive the profit level at this profit maximizing levels of p and q (p = 55) and q = 50. Where the demand curve for a monopoly is p=105-q. Its cost function is C= 100+5q?

Economics - Anonymous, Monday, November 26, 2012 at 11:20pm
Suppose you earned $50,000 last year, and inflation is at 5%. You receive a salary increase of $2,000. Explain your increase salary in nominal and real terms. Did you receive an increase?

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