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 increased to $5 billion annually. This data indicates that:
A. the quantity demanded of sugar increased.
B. the demand curve for sugar is upward sloping and the quantity demanded of sugar increased.
C. the demand for sugar is inelastic.
D. the demand curve for sugar is upward sloping.
Answer: C
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