Since a ski resort does most of its business in the winter, what is the major source of variation in income due to?
A) Secular trend
B) Seasonal variation
C) Cyclical variation
D) Episodic variation
E) Irregular variation

Question

Quizplus · Accepted Answer

Seasonal variation is the most likely source of variation in income for a ski resort, since their operations are heavily dependent on the winter season.

Since a Ski Resort Does Most of Its Business in the Winter