The price that a farmer receives for radishes is $62.00 per

Last updated: 7/4/2022

The price that a farmer receives for radishes is $62.00 per cwt. (100 pounds). The price for processed radishes is $75.00 per cwt and the price for processed radishes at the retail level is $2.15 per pound. The conversion factor for processed radishes is 1.175. What is the farm-to-retail price spread?