(Figure: Profit-maximizing Quantity and Price VIII) Suppose the demand curve for the firm's product increases from D1 to D2. The firm's marginal cost is given by MC = 5Q. 
a. Solve for the change in the profit-maximizing quantity resulting from the increase in demand.
b. Solve for the change in the profit-maximizing price resulting from the increase in demand.
Definitions:
Empathy
The ability to understand and share the feelings of another person.
Internal Reality
An individual's subjective perception of their thoughts, feelings, and experiences.
Defense Mechanisms
Psychological strategies unconsciously employed to protect oneself from anxiety and the unacceptable aspects of reality.
Differentiation
The process of identifying and defining one's own thoughts, feelings, and actions as distinct from those of others, often used in the context of family systems theory.
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