Step 1: Define the total number of candies and lemon candies.
The total number of candies in the bag is \( 4 \frac{2}{3} \) dozen, which is equal to \( 4 \frac{2}{3} \times 12 = 56 \) candies.
Let the number of lemon candies in the bag be \( a \).
Thus, the probability of drawing a lemon candy in the first case is:
\[
P(\text{lemon candy}) = \frac{a}{56}
\]
Step 2: Add more lemon candies and calculate the new probability.
Now, \( 4 \frac{2}{3} \) dozen more lemon candies are added, i.e., \( 56 \) lemon candies are added. So, the new total number of candies becomes:
\[
\text{New total number of candies} = 56 + 56 = 112
\]
The new number of lemon candies becomes:
\[
\text{New number of lemon candies} = a + 56
\]
The new probability of drawing a lemon candy is:
\[
P(\text{lemon candy}) = \frac{a + 56}{112}
\]
Step 3: Use the given condition.
We are told that the new probability is \( 2 \frac{1}{2} \) times higher than the first probability:
\[
\frac{a + 56}{112} = \frac{5}{2} \times \frac{a}{56}
\]
Step 4: Solve the equation.
Multiply both sides by 112:
\[
a + 56 = \frac{5}{2} \times 2a
\]
Simplify:
\[
a + 56 = 5a
\]
\[
56 = 4a
\]
\[
a = 14
\]
Step 5: Conclusion.
The number of lemon candies in the bag is \( \boxed{14} \), which corresponds to option (2).