Derive an expression for the slope of the demand schedule


Problem

For the demand schedule p = (60 - 0.1q)0.5:

(a) derive an expression for the slope of the demand schedule;

(b) demonstrate that this slope gets flatter as q increases from 0 to 600;

(c) find the output at which total revenue is a maximum.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Derive an expression for the slope of the demand schedule
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