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There are economic concerns surrounding the products that have been genetically engineered for particular traits, including pharmaceutical products, crops, and enzymes used in manufacturing processes. What are the proposed economic concerns that affect society? Check all that apply.

A.Prices for genetically engineered products are raised as a result of patents on products.
B. Farmers must spend more money to obtain genetically engineered seeds for desired crops.
C .Consumers must spend more money to purchase genetically engineered products.
D. More land is utilized for genetically engineered crops than for organic crops.

Respuesta :

Answer:

The correct answer option is A. Prices for genetically engineered products are raised as a result of patents on products.

Explanation:

From the given answer options, the following is the proposed economic concern that affects the society:

Prices for genetically engineered products are raised as a result of patents on products.

A patent is a grant of protection for any product and owing a patent given the owner the right to stop anyone else to produce the same product.

Therefore, the society is affected when the prices of these patent approved products are raised.

Answer:

Prices for genetically engineered products are raised as a result of patents on products.

Farmers must spend more money to obtain genetically engineered seeds for desired crops.

Consumers must spend more money to purchase genetically engineered products.

More land is utilized for genetically engineered crops than for organic crops.

Explanation: