Which of the following most logically completes the market analyst's argument? Market analyst: The price of avocados tends to be high when avocados are relatively scarce but decreases significantly when avocados are plentiful. Therefore, in years of high production, farmers often keep a portion of their harvest in cold storage until after the next season's harvest, anticipating better prices later.

Due to unfavorable weather conditions, this year's avocado crop will be quite small. However, avocado prices this year will not be significantly higher than last year, since __________.

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the previous year's avocado yield was the highest recorded in the last 30 years

Correct

the last time the avocado crop was as limited as it is this year, the strategy of withholding part of the harvest had not yet gained popularity

avocado prices have shown little fluctuation in recent years

some farmers experienced avocado yields this year that were equal to last year's

the quality of this year's avocado crop is comparable to the quality of any avocado crop in the last four years

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Explanation

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Official Explanation

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To determine the correct completion of the market analyst's argument, we need to analyze the context provided. The analyst states that avocado prices are high when they are scarce and low when they are abundant. This year, due to bad weather, the crop is small, but the analyst argues that prices will not be significantly higher than last year. The key to understanding this lies in the reasons for price stability despite the small crop.…

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Comments

RohitMar 28, 2025

Thank for sharing!!!

FluffyFeb 19, 2025

thanks for taking time to upload it!

YaminaNov 23, 2024

Great question!

AymenJan 3, 2024

thanks!

What this question tests

What it tests

Whether you can complete the last sentence of an argument in a way that is logically consistent with it.

Common trap

Choosing an option that sounds plausible but contradicts the argument or introduces new information.