The correct answer is Option 1: Perishable goods.
Here's why:
- Very Short Period (Market Period):
- In the very short period, also known as the market period, the supply of certain goods is fixed. This means that the quantity supplied cannot be changed, regardless of the price.
- This is particularly true for perishable goods.
- Perishable Goods:
- Perishable goods, such as fresh fruits, vegetables, or flowers, cannot be stored for long periods.
- Once they are produced, they must be sold quickly.
- Therefore, the supply of these goods is fixed in the very short period, and the supply curve becomes a vertical straight line.