The rise in prices before Christmas is an example of |
Long term trend Cyclical trend Seasonal trend Irregular trend |
Seasonal trend |
$\text{Seasonal trend refers to variations that occur regularly within a year}$ $\text{due to seasons, festivals, or recurring events.}$ $\text{Prices rising before Christmas occur every year during the same season.}$ $\text{Correct answer: Seasonal trend.}$ |