
Along the Food Chain with Michael Olson… #1411 The Snack Chips Man Jake Stenton, President Natural Bridges Company You stand in front of the grocer’s selection of snack chips and think, ‘A penny’s worth of potato in a bag that costs a buck!’ We Americans eat about $50 billion dollars worth of snack chips every year. That pencils out to about $167 per person per year. And the price of those bags of snack chips keeps going through the roof. According to the U.S. Bureau of Labor Statistics, a bag of chips that cost $6.75 in 1977 would cost $33.39 today! That so much money is spent on those bags of snack chips, leads us to wonder: What would it take to bag up some chips and sell them?
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