Table $5-2$

Price Quantity

$$1000$

$$8010$

$$6020$

$$4030$

$$2040$

$$050$

Refer to Table $5-2.$ Using the midpoint method, if the price falls from $$60$ to $$40,$ the absolute value of the price elasticity of demand is

Group of answer choices

$0\mathrm{.}4.$

$1.$

$4.$

$20.$