An up and down movement in demand that repeats itself over a lengthy time span is a
A)trend
B)random variation
C)seasonal pattern
D)cycle

Question

Quizplus · Accepted Answer

An up and down movement in demand that repeats itself over a lengthy time span is a cycle. A trend is a long-term movement in a particular direction, random variation is unpredictable fluctuations, and seasonal pattern is a regular and predictable movement that occurs within a year.

An Up and Down Movement in Demand That Repeats Itself