ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Using Table 1, calculate the farmer's share of retail expenditures for fresh tomatoes (field grown) in
1995 to the nearest whole percent. Enter your answer as a percent.
Table 1. Nominal retail prices
and farm value equivalents
for fresh tomatoes.
Year Farm Value
Retail
Equivalent
Price
... ($ per pound)....
1995
0.32
1.16
2000
0.36
1.38
2005
0.49
1.61
2010
0.66
1.69
2015
0.46
1.84
Using Table 1, calculate the marketing share of retail expenditures for fresh beef in 2016 to the
nearest whole percent. Enter your answer as a percent.
Table 1. Nominal retail prices
and farm value equivalents
for fresh beef.
Year Farm Value Retail
Equivalent Price
($ per pound)....
2014
3.70
5.97
2015
3.55
6.29
2016
2.90
5.96
2017
2.93
5.91
2018
2.81
5.92
2019
2.76
6.04
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Transcribed Image Text:Using Table 1, calculate the farmer's share of retail expenditures for fresh tomatoes (field grown) in 1995 to the nearest whole percent. Enter your answer as a percent. Table 1. Nominal retail prices and farm value equivalents for fresh tomatoes. Year Farm Value Retail Equivalent Price ... ($ per pound).... 1995 0.32 1.16 2000 0.36 1.38 2005 0.49 1.61 2010 0.66 1.69 2015 0.46 1.84 Using Table 1, calculate the marketing share of retail expenditures for fresh beef in 2016 to the nearest whole percent. Enter your answer as a percent. Table 1. Nominal retail prices and farm value equivalents for fresh beef. Year Farm Value Retail Equivalent Price ($ per pound).... 2014 3.70 5.97 2015 3.55 6.29 2016 2.90 5.96 2017 2.93 5.91 2018 2.81 5.92 2019 2.76 6.04
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