Sugar Is a Normal Good

question 246

Multiple Choice

Sugar is a normal good. You observe that both the equilibrium price and quantity of sugar have risen 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:

Cultural Missteps

Errors or mistakes made due to a lack of understanding or knowledge of a different culture.

Cultural Intelligence

The capability to relate and work effectively across cultures, understanding and respecting different cultural norms and practices.

Culture Differences

Variations in the beliefs, behaviors, norms, and practices among different groups or societies.

Generational Values

The distinct attitudes, behaviors, expectations, and habits that are predominant among individuals of different age groups, often shaped by societal norms and major events.