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Scenario 3.4 Use the Following to Answer the Questions

question 55

Multiple Choice

Scenario 3.4
Use the following to answer the questions.
WhiteWave Foods, producer of brands such as Silk Soymilk, specializes in manufacturing innovative and nutritious food products. Silk Soymilk was first launched in 1996, and is committed to the health of its customers, as well as the health of the planet. At Silk, they have offset all of their energy consumption with wind power, preventing over 16,000 tons of greenhouse gasses from entering the atmosphere each year. Silk Soymilk is made from a mixture of organic and natural, non-genetically modified soy beans, reducing the amount of pesticides in the air, soil, and water. Since 2002 they have been sponsoring the FarmAid concert, whose mission is to keep family farmers on their own land and ensure a safe, healthy food supply for all Americans.
-Refer to Scenario 3.4. Silk Soymilk's parent company, WhiteWave Foods, is currently operating at the level of the social responsibility pyramid.

Definitions:

Market Price

The prevailing rate at which a commodity or service is available for purchase or sale in a specific market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Number of Sellers

Refers to the total quantity of providers or suppliers offering a particular good or service in a market.

Technological Innovations

New or improved technologies, processes, or methods that significantly increase efficiency or productivity.