Use the price-demand equation below to find the values of x for which demand is elastic and for which demand is inelastic: p=g(x)=120−0.4x. A. Demand is elastic when x<60, and inelastic when x>60. B. Demand is elastic when x>60, and inelastic when x<60. C. Demand is elastic when x=60. D. Demand is always elastic.