Suppose there is new fertilizer technology which allows avocados to be grown using less water, how might this affect the market for avocados? A. Price decreases and quantity increases.
B. Price decreases and quantity decreases.
C. Price increases and quantity decreases.
D. Price increases and quantity increases.

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.