Oranges here cost 15 pesos for 5 kilos.
That is $1.40 for 11 pounds, or 13 cents per pound.
I estimate that the average orange weighs 1/3 of a pound.
A cup of orange juice takes approximately 4 oranges to produce.
This is 17.3 cents worth of oranges.
Therefore, the ladies who sell me orange juice are making 52 - 66 cents per cup.
Not bad. What do oranges cost in the states?
Friday, February 22, 2008
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