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Author Question: In June 2007 Monsanto acquired Delta & Pine Land Company, a company that had patented a seed ... (Read 80 times)

shenderson6

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on: Jun 29, 2018
In June 2007 Monsanto acquired Delta & Pine Land Company, a company that had patented a seed technology nicknamed Terminator. This technology produces plants that have sterile seeds so they do not flower or grow fruit after the initial planting.
 
  Even though Monsanto has not used this technology commercially why might this be controversial if it decided to do so? What would be the purpose of the company employing such a technology?

Question 2

The larger the marginal propensity to import, the larger the government purchases multiplier.
 
  Indicate whether the statement is true or false


Sierray

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Reply #1 on: Jun 29, 2018
Answer to Question 1

This might be controversial because it would basically make farmers dependent upon Monsanto in acquiring more seed. The purpose of such a technology should it be employed would be to strengthen a company's monopoly power and stabilize demand.

Answer to Question 2

FALSE


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