Question

Fruits in their season cost less than when they are not in season. This is an example of a situational influence on value. Which of the following temporal factors best explains this price variation?

a. Time simultaneity
b. Time of the day
c. Time reciprocity
d. Time of the year
e. Time constant

Answer 1

Answer:

d. Time of the year

Explanation:

The time of the year reflects on fruit production (season growth). As most seasonal goods, its price varies drastically from the in-season period to the time when it's not in season. The temporal factor influencing this variation is the exact time of the year, as that is synonymous with the season period.