Question: Consider the demand for cupcakes in Problem 17. Suppose Elaine decides to sell cupcakes only in packages of 20. a. How much would customers be

Consider the demand for cupcakes in Problem 17. Suppose Elaine decides to sell cupcakes only in packages of 20.
a. How much would customers be willing to pay to obtain a 20-pack of Elaine's cupcakes?
b. How much profit will Elaine earn from each customer?
c. How does the profit from this scheme compare to the profit Elaine earned in part (f) of Problem 17?

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