Both sugar and fructose can be used in the production of candy.If the price of sugar increases,_____
A)the demand for sugar increases as the relative price of sugar decreases.
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

If the price of sugar increases, it becomes comparatively more expensive than fructose, which could lead candy manufacturers to switch to using more fructose in their production to save costs. Therefore, the demand for fructose may increase, but the demand for sugar may decrease, resulting in a relative increase in price for sugar compared to fructose.

Both Sugar and Fructose Can Be Used in the Production