1. A car dealer expects to sell 800 luxury cars per year. The cost of ordering the cars is $9000 each plus a fixed charge of $1000 per order. If it costs $1000 to store a car for a year, find the order size and the number of orders that minimize inventory costs.

B. Given the demand function q D(x) 459 x, find a. The elasticity function, E(x). b. The elasticity at x 96 c. Is demand elastic, is it inelastic, or does it have unit elasticity at x 96