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A bakery works out a demand function for its chocolate chip cookies and finds it to...

A bakery works out a demand function for its chocolate chip cookies and finds it to be q=D(x)=832−20x​, where q is the quantity of cookies sold when the price per​ cookie, in​ cents, is x. Use this information to answer parts ​a) through f).

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?

D) At what prices is the elasticity of demand​ inelastic? 

E) At what price is the revenue a​ maximum?

Math   Calculus   
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