AR.51 Denotation and Connotation
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Skill Level🔴 Hard
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A financial memo warns that the price of a raw material has risen and fallen sharply within short periods. Because future costs are difficult to predict, the company is considering longer-term contracts. The draft calls the market [lively]. The writer needs a precise term that communicates rapid, unpredictable change without sounding celebratory. Which choice best replaces the bracketed word in the commodity-price memo?