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What percentage of their spending do U.S. consumers allocate to food purchases? Multiple Choice Ο 13 percent. Ο Ο 10 percent
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The answer is option a- 13%

Retail food prices partly reflect commodity prices at the farm level but, together with competitive factors, packaging, storage, transportation and other marketing costs play a greater role in deciding prices on supermarket shelves and restaurant menus. When calculated by the Consumer Price Index (CPI), monthly price changes in grocery stores for individual food products tend to level out into moderate annual increases for food in particular. U.S. households, companies, and government entities spent $1.71 trillion in 2018 on food and beverages in grocery stores and other outlets, as well as meals and snacks away from home.

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