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Only anwser if you are100% sure 2. A 10 percent increase in the price ofsugar re

ID: 1230345 • Letter: O

Question

Only anwser if you are100% sure 2.   A 10 percent increase in the price ofsugar reduces sugar consumption by about 5 percent. The increasecauses households to A.   spend more on sugar. B.   spend less on sugar. C.   spend the same amount on sugar. D.   consume more goods like coffee and teathat are complements of sugar. Only anwser if you are100% sure 2.   A 10 percent increase in the price ofsugar reduces sugar consumption by about 5 percent. The increasecauses households to 2.   A 10 percent increase in the price ofsugar reduces sugar consumption by about 5 percent. The increasecauses households to

Explanation / Answer

A. spend more on sugar.