Which One of the Following Statements Best Summarizes the Use

question 29

Multiple Choice

Which one of the following statements best summarizes the use of transgenic crops over the last 10 years?

• A) It has increased significantly in both industrialized and developing nations.
• B) It has increased significantly, but only in industrialized nations that have the expertise.
• C) It has increased significantly, but only in developing nations where regulations are loose or non-existent.
• D) It has barely increased at all because of technical difficulties and safety concerns.
• E) It has fallen due to technical difficulties and safety concerns.

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Definitions:

Budget Constraint

A budget constraint represents the combination of goods and services that a consumer can purchase with their limited income.

Indifference Curves

In consumer theory, a graph showing combinations of goods or services among which a consumer is indifferent, reflecting preferences.

Optimum

The condition or outcome that is most favorable or efficient under the given circumstances.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.