the next day you meet With Marilyn Heath, the Director ot your group at IDA, and explain the whole project in detail. You also show her Bob's spreadsheet. She advises you of the following. i) The entire analysis has to he done based on the estimation of two types of demand functions: i) linear; and in loglinear. ii} Compare the results from the two estimations and check whether or not both sets of results lead to the same conclusions. ii With the production process already been set up, the marginal cost over a large range of output is essentially zero. iv] Need to compute the appropriate elasticities