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grandymaker [24]
3 years ago
12

In a typical business cycle what stage immediately follows a peak

Business
2 answers:
Papessa [141]3 years ago
7 0

Business cycles have 4 phases

<span>1.       </span>Expansion-this is the period when business starts to expand

<span>2.       </span>Peak- this is the highest spot between the end of expansion and start of next stage contraction

<span>3.       </span><span> Contraction-in this period business struggles with its economy</span>

<span>4.       </span><span>Trough- this is the lowest point in business cycle but it’s still possible to turn around from this point.</span>

so answer to your question is contraction is the stage that immediately follows a peak


Nata [24]3 years ago
6 0

Answer: contraction

Explanation: GRADPOINT APPROVED

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Answer and Explanation:

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$3,800

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