Issue Between Nestlé and Greenpeace Over Nestlé's Kit Kat Candy

question 143

Multiple Choice

issue between Nestlé and Greenpeace over Nestlé's Kit Kat candy bar was that

• A) the palm oil Nestlé was using in the candy bar was nonsustainable.
• B) Greenpeace praised Nestlé Corporation's sense of social responsibility and commitment to global sustainability.
• C) Greenpeace decided to use Twitter to start a conversation among environmentalists urging them to buy Nestlé's Kit Kat candy bars.
• D) the palm oil Nestlé was using in the candy bar contained synthetic preservatives.
• E) the palm oil Nestlé was using in the candy bar was sustainable.

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Definitions:

Rebated Money

Funds that are returned to a payer, often as a discount or refund, after a purchase or payment has been made.

Taxpayer Reasoning

The thought process individuals use to evaluate the benefits and costs of paying taxes relative to the services and goods provided by the government.

Income Effect

The alteration in consumption habits of a person or the economy caused by a variation in real income.

Substitution Effect

A shift in buying habits resulting from changes in the comparative prices of items, making consumers switch from higher-priced goods to those that are more affordable.