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Is humble statement economically correct

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Reference no: EM132140600

British environmentalist Kate Humble recently made the following statement: "Everyone's going to hate me and call me a middle-class bitch but I'm past caring because I'm so incensed. Food waste is endemic but we don't value food because it's not expensive enough."

Is Humble's statement economically correct? Explain your answer in detail.

Reference no: EM132140600

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