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(Solved): A bakery works out a demand function for its chocolate chip cookies and finds it to be \( q=D(x)=87 ...
A bakery works out a demand function for its chocolate chip cookies and finds it to be \( q=D(x)=874-13 x \), 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 \( \mathrm{f} \) ). a) Find the elasticity.