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(1) I think a comma would not be wrong before "but which." However, it is not required. Some writers use more commas than other writers, and comma usage is more hotly contended than other grammar issues. As a result, the GMAT will generally not expect you to make comma vs. no comma judgement calls, unless there is some other grammar rule that gets violated as a result. Comma vs. semicolon is fair game, though.
(2) "but" is a conjunction, like and, or, yet, for, so, etc...
(3) Yes to both.
a) The "which" after "but" is parallel with "which" after SugarFree/an artificial sweetener. A quick paraphrase: SugarFree, which X (is sweet) but which Y (is low-cal).
b) The "does" is a proform (a word that references another, the way a pronoun does). Here, does = contains.
SugarFree, ... which contains fewer calories than does an equivalent amount of corn syrup.
means the same thing as:
SugarFree, ... which contains fewer calories than an equivalent amount of corn syrup contains.
_________________ Emily Sledge
Instructor
ManhattanGMAT
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