Which of the Following Is Required Under the Biosafety Protocol

question 26

Multiple Choice

Which of the following is required under the Biosafety Protocol sponsored by the United Nations in the year 2000?

• A) Nations are free to prohibit the import of genetically altered foods without violating free-trade agreements.
• B) Genetically altered foods must be shipped in separate containers from foods that are not genetically altered.
• C) All genetically altered foods must be clearly labeled as such.
• D) Whenever genetically altered foods are offered for sale,comparable food that is not genetically altered must be made available at a comparable price.

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Definitions:

Marginal Revenue

The increased earnings obtained from the sale of one extra unit of a product or service.

Total Cost

The total of all costs associated with the creation of products or services, encompassing both fixed and variable expenses.

Marginal Cost

The financial outlay for generating an additional unit of a good or service.

Profit Maximizing Price

The price at which a company can sell its product to maximize its profit, balancing between too high to deter consumers and too low to cover costs.