The oscillating movement of demand that occurs periodically over the short-run and is repetitive is called...
The oscillating movement of demand that occurs periodically over the short-run and is repetitive is called a seasonal pattern.
Select one:
True
False
Homework Answers
The correct answer is option a) True
Seasonal pattern exists when the series if influenced by the
seasonal factors. Oscillating movement of demand that occurs
periodically over the short-run is known as seasonal pattern.
Seasonality is fixed and always known period.
It can happen on quarter of year, month, day etc.
Add Answer to:
The oscillating movement of demand that occurs periodically over
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All else equal, consumer demand for a good will be more elastic in the short run...
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