When the Price of Sugar Was "Low," U

Multiple Choice

When the price of sugar was "low," U.S.consumers spent a total of $3 billion annually on sugar consumption.When the price doubled,consumer expenditures remained at $3 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) None of the preceding statements is correct.