Instacart is an Internet startup that offers home delivery of groceries. It buys the groceries in regular brick-andmortar supermarkets, marks up the prices it pays, and then charges consumers the higher prices in exchange for making home deliveries. According to an article in the Wall Street Journal, Instacart marks up the price of potato chips by 26 percent, but it marks up the price of eggs by only 2.5 percent. Is it likely that Instacart believes that the demand for potato chips is more elastic or less elastic than the demand for eggs? Briefly explain.