Use the Following Information to Answer the Questions Below

question 8

Multiple Choice

Use the following information to answer the questions below.
Millions of people suffer from hunger and malnutrition. With artificial selection, farmers have improved the yields of many agricultural crops. More recently, plant biotechnology/genetic engineering has been suggested as a means to further improve crops and combat hunger.
-Golden rice is one example of a transgenic crop that produces beta carotene, a precursor for vitamin A. Golden rice has the potential to decrease blindness in populations that are suffering from vitamin A deficiency. What are some possible alternatives for people to consume adequate amounts of vitamin A?

• A)provide and encourage people to consume higher quantities of polished rice
• B)provide and encourage people to consume unpolished rice
• C)provide and encourage people to consume leafy greens and local fruits naturally high in vitamin A
• D)keep genetically modifying rice to make it produce higher amounts of beta carotene
• E)B and C

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Definitions:

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset less any depreciation, amortization, or impairment costs.

Fair Value

The financial return from selling an asset or the financial obligation to cover a liability in a transaction among market entities at the point of appraisal.

Goodwill

Goodwill is an intangible asset that arises when a business is purchased for more than the fair value of its net assets, representing elements of value such as brand reputation, customer relations, and intellectual property.

Fair Value

An estimate of the price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.