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Price fluctuation is a feature of

Price fluctuation is a feature of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Common market
  • B Imperfect market
  • C Supermarkets
  • D Market failure
Correct Answer: Option B
Explanation:
Price fluctuation refers to the frequents rise and fall of commodity prices in the market as a result of changes in the market situations. price fluctuation can be seasonal whereby prices of commodities changes during certain season of the year due to the increase in supply and demand. It is a feature of imperfect market where buyers and sellers can influence prices and production

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