Saccharin and Aspartame Are Both Low-Calorie Substitutes for Sugar

question 115

Multiple Choice

Saccharin and aspartame are both low-calorie substitutes for sugar.If saccharin is found to cause cancer,then:

• A)the price of aspartame will increase.
• B)the price of sugar will decrease.
• C)the price of saccharin will increase.
• D)the demand curve for saccharin will shift to the right.
• E)the supply curve for aspartame will shift to the left.

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Definitions:

Machine Hours

A measure of production time, calculating how long a machine has been in operation, often used to allocate manufacturing overhead.

Direct Labor Hours

The total hours worked by employees directly involved in the production of goods or services.

Direct Labor Dollars

The total cost of workforce labor that is directly involved in the manufacturing or production of goods and services.

Finished Goods Inventory

The total value of all completed products that are ready for sale at the end of an accounting period, part of a company's current assets.