The point of profit maximization for a monopolist is exemplified by

Which of the following situations best describes an individual who is cyclically unemployed?

A) Catherine is a ski instructor who is not working because it is summer. B) Matthew was an artillery man, but he has been unable to find work since he left the army. C) Nicholas was laid-off when orders for General Motors cars fell during a recession. D) Susan quit her job as a preschool teacher to try to find a better paying job.

The income net of taxes is called _____

a. real income b. disposable income c. nominal income d. taxable income e. personal income