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Below is the 2017 Food Dollar. Which of the statements is an INCORRECT comparison of this Food Dollar to the one from 2013, covered
Below is the 2017 Food Dollar. Which of the statements is an INCORRECT comparison of this Food Dollar to the one from 2013, covered in the lecture? Industry Group Dollar What cost is added by each supply chain industry group to the food dollar? 2017 Food dollar: Industry Group (nominal) Farm production 7.8 EDERAL RESERVE NOTE UNITED STATES OF AMERICA DOG Foodservices 36.79 Advertising 2.6 Finance & Insurance 3.2 E Energy 3.8 The industry group dollar demonstrates that the cost of food equals the sum of value added by all supply chain establishments. Supply chain establishments are categorized into 12 industry groups. Other includes: Agribusiness ERS, USDA Legal & accounting The cost of Food Service has increased from 2013 to 2017. The energy cost has decreased from 2013 to 2017. Farm production costs remained constant since 2013. Finance and Insurance costs remained constant since 2013.
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