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Suppose that avocados are an inferior good. If consumers' incomes fall and, at the same time, California wildfires damage a large portion of the avocado
Suppose that avocados are an inferior good. If consumers' incomes fall and, at the same time, California wildfires damage a large portion of the avocado harvest, then what will happen to the equilibrium price and quantity of avocados? Group of answer choices quantity will rise, but you cannot determine what will happen to price quantity will fall, but you cannot determine what will happen to price price will fall, but you cannot determine what will happen to quantity price will rise, but you cannot determine what will happen to quantity
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