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Avocado prices have increased from $1

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Avocado prices have increased from $1.17 each in July 2018 to $2.10 each in July 2019. Explain whether or not each of the following factors played a role in the price increase. Use demand and supply concepts in your answer.

a) People in Europe and Asia are eating more avocados.

b) The avocado crop in California was the smallest in decades

c) People in the United States are eating less Mexican food and thus less guacamole (which contain avocados)

d) Tariffs on avocados from Mexico increased from 10% to 25%

e) Avocados do not have any substitutes

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