Suppose That the Inverse Demand Curve for a Well-Known Sports

Suppose that the inverse demand curve for a well-known sports car can be expressed as , where price is in dollars and quantity is in numbers of cars. What is true about the demand for these sports cars at a quantity of 100?

A) Demand is inelastic because the absolute value is greater than 0 and less than 1.
B) Demand is inelastic because the absolute value is greater than 1.
C) Demand is elastic because the absolute value is greater than 0 and less than 1.
D) Demand is elastic because the absolute value is greater than 1.