Rank these three goods in the order of least sticky to most sticky: fresh fish, used cars, steel rods.
A) fresh fish, used cars, steel rods
B) steel rods, cars, fresh fish
C) steel rods, fresh fish, used cars
D) used cars, fresh fish, steel rods

Question

Quizplus · Accepted Answer

Fresh fish is the least sticky due to its perishable nature and quick turnover. Used cars have moderate stickiness due to varying demand and supply conditions. Steel rods are the most sticky as they are durable goods with stable demand and supply.

Rank These Three Goods in the Order of Least Sticky