In: Economics
Assume one pound of raw wheat produces 0.85 pounds of retail flour. If 135 billion pounds of wheat is produced and made into flour, what is the retail-equivalent of wheat production?
114.75 billion pounds
The retail equivalent of the broiler industry (which accounts for most commercial chicken production) in the United States was $44 billion in 2008; in 2007, Georgia led the country by producing 16% of all broilers