Table 4. Estimated WTP Premiums for Non-GM Food Products
Item |
Vegetable Oil ($/32Fl oz) |
Salmon ($/pound) |
Corn Flake |
WTP Premium |
$0.13 |
$0.96 |
$0.49 |
Percentage of |
5~8% |
15~28% |
12~17% |
a Percentage of Premium = (WTP Premium/ Price of GM Food Product) X100.
25
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