In which market would the price be least likely to be "sticky"?
A) refrigerators
B) steel rods
C) fresh fruit
D) trucks

Question

Quizplus · Accepted Answer

The price of fresh fruit is least likely to be sticky because it is a highly perishable commodity with a short shelf life, and its price is impacted by supply and demand fluctuations. As a result, retailers are more likely to adjust the price of fresh fruit regularly rather than keeping it sticky.

In Which Market Would the Price Be Least Likely to Be