When the Price of Sugar Was "Low", Consumers in the U.S.spent

question 161

Multiple Choice

When the price of sugar was "low", consumers in the U.S.spent a total of $3 billion annually on sugar consumption.When the price doubled, consumer expenditures increased to $5 billion annually.This data indicates that:

• A)The demand for sugar is inelastic.
• B)The demand curve for sugar is upward sloping.
• C)The quantity demanded of sugar increased.
• D)the demand curve for sugar is upward sloping and the quantity demanded of sugar increased.

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Definitions:

Stapes

The smallest bone in the human body, located in the middle ear, and is involved in the conduction of sound vibrations to the inner ear.

Osseous Obstruction

A blockage or impediment within bone structures, often leading to reduced function or pain.

Eustachian Tube

A narrow tube that connects the middle ear to the throat, helping to maintain equal air pressure on both sides of the eardrum.

Otitis Media

An infection or inflammation of the middle ear, often resulting in ear pain, fever, and hearing problems.