Question: Define what is meant by the term market margin within the value chain of products. (2 Marks) Based on the following information: The buying price

Define what is meant by the term market margin within the value chain of products. (2 Marks)

Based on the following information:

The buying price from the farmer is K 500 per kilogram.

The weighted average wholesale selling price is K 850 per kilogram.

The weighted average retail price is K 1,200 per kilo kilogram.

Calculate:

The retail margin.

The wholesale margin.

The total margin.

What is the percentage share of the margin to the producer? 8 Marks

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