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Suppose that the demand equation in the market for sandwiches is Qd = 100 - 4P. Where P denotes the price of a sandwich and

Suppose that the demand equation in the market for sandwiches is Qd = 100 - 4P. Where P denotes the price of a sandwich and Q denotes the quantity of sandwiches demanded. If Q = 25, then the demand for sandwiches Is: (a) inelastic, (b) unitary elastic, (c) More information is needed to answer this question, (d) elastic

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