Which of the following statements do you think are correct about the demand el…

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 Which of the following statements do you think are correct about the demand elasticities for Fruit Loops and food?

Because Fruit Loops are food, but not all food is Fruit Loops, Fruit Loops would have a lower price elasticity of demand

Food has a lower price elasticity of demand because it is more broadly defined.

Because Fruit Loops are food, Fruit Loops would have the same price elasticity of demand as food.

Food has a higher price elasticity of demand because it is a necessity.

Compared with food, Fruit Loops have a lower price elasticity of demand because it is specifically defined.

I don't know