Calculates Average Grocery Spending Per Capita.

This function returns the average per capita spending by taking the ratio of grocery sales to population in the base year(2022).

Usage

Avg_Capita_Grocery_Spending(
  grocery_sales = 8.11541e+11,
  population = 334233854
)

Arguments

grocery_sales

Total US grocery sales annually. Default value is 811541000000.

population

Total US population. Default value is 334233854.

Value

Outputs average grocery spending per capita.

Details

This function is taken from the Estimating_Revenue.xlsx and calculated in Step One.

Author

Srika Raja

Examples

Avg_Capita_Grocery_Spending(grocery_sales = 811541000000, population = 334233854)
#> [1] 2428.063