The price of filet mignon rises from $60 per pound to $90 per pound. In response to this price change, the quantity demanded for filet mignon falls by 60%. The absolute value of the price elasticity of demand for filet mignon is _____, and the price elasticity of demand is _____.The price of filet mignon rises from $60 per pound to $90 per pound. In response to this price change, the quantity demanded for filet mignon falls by 60%. The absolute value of the price elasticity of demand for filet mignon is _____, and the price elasticity of demand is _____