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Mathematics, 08.03.2021 20:00 glocurlsprinces

A bakery works out a demand function for its chocolate chip cookies and finds it to be q = D(x) = 760 - 13x​, where is the quantity of cookies sold when the price per​ cookie, in​ cents, is x. A) Find the elasticity. ​
B) At what price is the elasticity of demand equal to​ 1?
C) At what prices is the elasticity of demand​ elastic?
A. Prices are elastic at all values.
B. Prices cannot be elastic in this case.
C. Greater than.
D. Less than .
D) At what prices is the elasticity of demand​ inelastic?
A. Greater than.
B. Less than.
C. Prices are inelastic at all values.
D. Prices cannot be inelastic in this case.
E) At what price is the revenue a​ maximum?
F) At a price of ​¢ per​ cookie, will a small increase in price cause the total revenue to increase or​ decrease?
A. Increase.
B. Decrease.

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A bakery works out a demand function for its chocolate chip cookies and finds it to be q = D(x) = 76...

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