Question

A California biotechnology firm submitted a tomato that will not rot for weeks to the U.S....

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?

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