August 27th – Question

In May 2022, stores nationwide were finding themselves out of baby formula.  What percentage of formula products were out-of-stock? 

A. 16 percent 
B. 27 percent 
C. 43 percent 
D. 61 percent 

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Answer – C.  Forty-three percent of formula products were out of stock nationwide—a massive increase from the average out-of-stock rate of between 2 percent and 8 percent at the same time of the year. 

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