The new fertilizer technology will increase quantity and decrease price.
<h3>What is the new fertilizer technology?</h3>
The new fertilizer technology would lead to an increase in supply. An increase in supply is as result of factors other than the change in the price of the good.
The The new fertilizer technology would increase the efficiency of production and this would lead to an increase in supply. When there is an increase in supply, quantity will increase and price will decline.
Here is the complete question:
Suppose there is new fertilizer technology which allows Suppose there is new fertilizer technology which allows avocados to be grown using less water how might this affect the market for avocados?
Price decreases and quantity increases
Price decreases and quantity decreases
Price increases and quantity decreases
Price increases and quantity increases
To learn more about an increase in supply, please check: brainly.com/question/23553533
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