kevinchicass kevinchicass
  • 10-12-2020
  • Business
contestada

Which point in the business cycle offers the greatest opportunity for a business? Explain.

Respuesta :

Samawati
Samawati Samawati
  • 11-12-2020

Answer:

Peak

Explanation:

The peak is the business cycle with the highest growth rate. The economy is operating and its full potential. The demand for goods and services is high, which results in high sales and high income for businesses.

The peak presents the best opportunities for business. A firm makes optimal use of its resources. It experiences high sales and incomes, which is a good opportunity to expand or offer good returns to investors.

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