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valentina_108 [34]
3 years ago
11

Define business cycle

Business
2 answers:
dmitriy555 [2]3 years ago
4 0

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Explanation:

melisa1 [442]3 years ago
3 0
The business cycle is the fluctuation in economic activity
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Persuasive message:

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Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours.
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Answer:

There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.

Passenger                  Price                  Daily demand

Adults                          $18                        70

Children                      $10                        25

Senior citizens            $12                        55

total                                                           150

total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170

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What will happen to trade if business is flourishing?​
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