Both sugar and fructose can be used in the production of candy.If the price of sugar increases,
A)the demand for sugar increases
B)sugar becomes relatively more expensive than fructose only if the price of fructose falls
C)sugar becomes relatively more expensive than fructose, other things constant
D)the price of fructose immediately increases
E)the price of fructose immediately decreases

Question

Quizplus · Accepted Answer

When the price of sugar increases, it becomes relatively more expensive than fructose, all else constant. This means that candy manufacturers may switch to using fructose instead of sugar in their production process, leading to a decrease in the demand for sugar. However, if the price of fructose also increases, then both sugar and fructose will become more expensive and candy manufacturers may look to alternative sweeteners or ways to reduce their use of sweeteners altogether.

Both Sugar and Fructose Can Be Used in the Production