Teddy's Burgers decreased the price of their hamburgers by 25 cents, and sold 100 more hamburgers each day. It can be concluded that Teddy's Burgers has a(n) ____ demand for its burgers.
A) inelastic
B) elastic
C) unit elastic
D) perfectly elastic
E) Nothing can be concluded about elasticity for Teddy's Burgers.
Correct Answer:
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