Passage: Rising food prices have pushed many low-income families toward less nutritious, calorie-dense diets, raising concerns about long-term public health. Agricultural economists point to supply chain inefficiencies, not just production shortages, as a major driver of price volatility. Improving storage and transport infrastructure, they argue, could stabilize prices more effectively than short-term subsidies alone. Question: In the passage, the word ‘volatility’ most nearly means:

Question

Passage: Rising food prices have pushed many low-income families toward less nutritious, calorie-dense diets, raising concerns about long-term public health. Agricultural economists point to supply chain inefficiencies, not just production shortages, as a major driver of price volatility. Improving storage and transport infrastructure, they argue, could stabilize prices more effectively than short-term subsidies alone. Question: In the passage, the word &#8216;volatility&#8217; most nearly means:

Accepted Answer

Tendency to change unpredictably. 'Price volatility' refers to prices changing unpredictably, the opposite of stability

Explanation