First, Americans may be constrained by labor-force participation and have less time to spend on preparing food. Second, prices of many convenience foods may have fallen relative to their less convenient counterparts. Third, income changes may affect the degree of convenience demanded by households. Lastly, advertising, which is notably
more visible for the most convenient foods, may stimulate demand for convenience foods.
Tuesday, August 09, 2016
Why Prefer Convenience Foods?
From an ERS study: