QUESTION IMAGE
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
Brief Explanations
- an increase in the cost of farm equipment: Increases production costs, reducing profit (since profit = revenue - cost).
- a rise in demand for organic produce: Higher demand can lead to higher sales volume or price, increasing revenue and profit.
- an increase in customers at the market: More potential buyers mean higher sales volume, increasing revenue and profit.
- a change in the market price for non - organic fruit: Non - organic fruit is not the Davis family's product, so it does not directly affect their profit.
- a sale on organic meats at the market: Organic meats are a different product, so a sale on them does not directly affect the profit of the Davis family's organic vegetable business.
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- an increase in the cost of farm equipment
- a rise in demand for organic produce
- an increase in customers at the market