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If a consumer does not care for a particular food, there are almost always plenty of alternatives, and many consumers have the income to pursue those alternatives. Americans enjoy relatively low-cost food when measured as a percent of our income. For several decades, food expenditures in the U.S. have been between 10 and 11 percent of our disposable income. Canada, Europe and several Pacific Rim nations are other countries or regions of the world that enjoy relatively low-cost food. Nations...
