Discussion Questions:A California biotechnology firm submitted a tomato that will not rot for weeks to the U.S. Food and Drug Administration. It designed such a fruit by changing the genetic structure of the tomato. What effect will this technological change have on:The price of tomatoes?Farmers, who grow tomatoes?The geographic areas where tomatoes are grown?Where tomatoes are generally placed on salad bars in winter?When you buy a cheap computer printer, you can sometimes get it for free after the rebate. Why would a firm sell you something for a zero price? (The answer isn’t that it wants to be nice.)
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