Suppose COVID-19 caused the demand for at-home baking supplies (e.g., yeast) to shift from QD= 80 - 20P to QD= 90 - 20P, and the short-run supply of at-home baking supplies to shift from QS= 50 to QS= 40. At the equilibrium price and quantity, the demand for baking supplies was:

Group of answer choices

Inelastic before COVID-19, and is elastic after COVID-19.

Elastic before COVID-19, and is inelastic after COVID-19.

Inelastic before COVID-19, and is inelastic after COVID-19.

Elastic before COVID-19, and is elastic after COVID-19.