Every year, the first quarter sales are the highest, following a slump in the second and third quarter sales before coming back up in the fourth quarter. Such fluctuations are called
A) long-term fluctuations.
B) secular fluctuations.
C) business-cycle fluctuations.
D) seasonal fluctuations.

Question

Quizplus · Accepted Answer

Seasonal fluctuations refer to periodic increases and decreases in sales or other economic activities that occur at regular intervals due to seasonal patterns, such as the first quarter sales being consistently higher each year.

Every Year, the First Quarter Sales Are the Highest, Following