We Would Expect the Cross Elasticity of Demand for Pepsi

Multiple Choice

We would expect the cross elasticity of demand for Pepsi to be greater in relation to other soft drinks than that for soft drinks in general because

A) soft drinks are normal goods.
B) the income effect always exceeds the substitution effect.
C) there are fewer good substitutes for soft drinks as a whole than for Pepsi specifically.
D) there are more good substitutes for soft drinks as a whole than for Pepsi specifically.