Using cane sugar or corn syrup as sweeteners

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Reference no: EM131001942

Suppose that soda producers can choose between using cane sugar or corn syrup as sweeteners.

a. If the price of corn syrup rises, what impact would you expect this to have on the demand for cane sugar? Briefly explain.

b. If the price of cane sugar rises, what impact would you expect this to have on the demand for cane sugar?

Reference no: EM131001942

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