The Happy land Hospital is a monopolist employer of nurses in the small city of Happy land.

Question:

The Happy land Hospital is a monopolist employer of nurses in the small city of Happy land. The market supply function of nurses is S(W) = 0.10W- 100, where W is the nurses' weekly wage. What is the hospital's marginal expenditure, ME? If the hospital's marginal benefit is $2,000 per week no matter how many nurses it hires, what is the profit-maximizing number of nurses for the hospital to hire?