### Factors Affecting the Price of Avocados**Which of the following scenarios would cause the price of avocados to rise?***Select all that apply.*1. ☐ **An increase in the supply of avocados** 2. ☑ **An increase in wages paid to avocado farm workers** 3. ☐ **Better infrastructure reduces the cost to transport avocados** 4. ☐ **A return to sanity where people put jelly on their toast instead of avocado** 5. ☐ **A reduction in tariffs on avocados imported from Mexico** 6. ☐ **An increase in demand for avocado toast**

Price refers to the value a seller expects in exchange for the product. A price comprises the cost…

Answered: Which of the following scenarios would…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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