Suppose that the market demand for bottles of Pepsi is as follows:

Point A: (Price of $1; 6,000 units)

Point B: (Price of $2; 4,000 units)

Point C: (Price of $3; 2,000 units)

The absolute value of the price elasticity of demand when moving from Point A to Point B is ____ when compared to the absolute value of price elasticity of demand when moving from Point B to Point C.

A. Higher

B. Lower

C. The same

D. None of the above