Sugar Is a Normal Good

question 171

Multiple Choice

Sugar is a normal good. You observe that both the equilibrium price and quantity of sugar has fallen over time. Which of the following would be most consistent with this observation?

• A) Consumers have experienced an increase in income and sugar-production technology has improved.
• B) The price of artificial sweetener has risen and the price of coffee has fallen.
• C) Consumer tastes have changed so as to prefer sugar less than before.
• D) The demand curve for sugar must be positively sloped.

---

Definitions:

Occurrence of an Earthquake

The occurrence of an earthquake is the event when the Earth's surface shakes due to a sudden release of energy in the Earth's crust, creating seismic waves.

Surveys

Research tools that collect data from a predefined group of respondents to gain information and insights on various topics.

Propensity Score Matching

A method of pairing individuals for assignment to a treatment and control condition based upon a combination of scores on participant variables.

Multiple Variables

Multiple variables refer to the presence or use of more than one variable in an experiment or analysis to understand complex relationships or effects.