FTC investigates high grocery prices
As the Federal Trade Commission investigates the reasons behind high prices reported by the U.S. Department of Agriculture, an ASU agribusiness expert sheds light on price inflation at grocery stores.
In this story published Aug. 13, 2024, on ABC 15 Arizona:
If you took all of their profit and divided it by the revenue they generated from all their store that’s only 1.4% as opposed to tech companies that make over 50%. So net margin is the best indicator for profitability in any company across any industry.
– Timothy Richards, professor and Marvin and June Morrison Chair of Agribusiness
Latest news
- ASU economics students receive assistance, guidance from peer tutoring program
The W. P.
- Double Devil Carson Roland leverages master's in finance to kickstart career
After completing his bachelor's in finance at the W. P.
- Which economic issues drive older Arizonans to the polls?
An ASU economist discusses economic issues important to Arizonan voters over 50, including…