Question

the davis family grows organic vegetables to sell at a local farmers market. which are factors that directly affect their profit? check all that apply. an increase in the cost of farm equipment a rise in demand for organic produce an increase in customers at the market a change in the market price for non - organic fruit a sale on organic meats at the market

Explanation:

• An increase in the cost of farm equipment: This directly affects profit as it increases costs. Profit = Revenue - Costs. Higher costs (from equipment) reduce profit if revenue remains the same.
• A rise in demand for organic produce: Higher demand can lead to higher sales volume (assuming they can meet the demand) and/or higher prices (if supply is limited relative to new demand), both of which increase revenue. Since profit = Revenue - Costs, an increase in revenue (with costs constant or changing less proportionally) increases profit.
• An increase in customers at the market: More customers at the market where they sell their organic vegetables can lead to more sales (higher revenue). With profit = Revenue - Costs, higher revenue (assuming costs don't increase disproportionately) increases profit.
• A change in the market price for non - organic fruit: Non - organic fruit is a different product. Their profit is from organic vegetables. Unless there is a very indirect relationship (e.g., if customers who buy non - organic fruit also sometimes buy organic vegetables, but this is a stretch), it does not directly affect their profit.
• A sale on organic meats at the market: Organic meats are a different product. Unless there is a complex cross - shopping effect (e.g., customers come for meat and also buy vegetables, but this is an indirect and not a direct factor), it does not directly affect the profit from organic vegetable sales.

Answer:

an increase in the cost of farm equipment, a rise in demand for organic produce, an increase in customers at the market