Question
Seasonal goods are goods that are consumed in larger quantities during some seasons than in other seasons, e.g. strawberries or hotel rooms near a beach
Seasonal goods are goods that are consumed in larger quantities during some seasons than in other seasons, e.g. strawberries or hotel rooms near a beach during summer. While the price for strawberries is lowest during their season of highest consumption the price for hotel rooms near the beach is highest during their season of highest consumption. Explain why.
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
