The Price Elasticity of Demand for Eggs Is −0

Multiple Choice

The price elasticity of demand for eggs is −0.27 and the price elasticity of demand for soft drinks is −0.70. Therefore, the demand for eggs:

A) is more elastic than the demand for soft drinks.
B) is less elastic than the demand for soft drinks.
C) cannot be compared to the demand for soft drinks because both have negative price elasticities.
D) cannot be compared to the demand for soft drinks because eggs cannot be substituted for soft drinks.