1. (12) Use the article titled "Bagels and donuts for sale: A case study in profit maximization" to answer the following questions a. (4) Summarize the main findings of the article. b. (4) The article notes that the firm is operating on an inelastic portion of its demand curve. Can a profit maximizing firm operate on an inelastic portion of their demand? Briefly explain. c. (4) In maximizing profit, do firms tend to make better quantity decisions or better pricing decisions? Why is this the case? What could firms do to improve these decisions