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Describe the Major Features of the Business Cycle

question 99

Essay

Describe the major features of the business cycle.Be sure to discuss what variables are affected by the cycle,a description of the key features that are apparent in the data,how variables are related to one another,how regular the cycle is,and how predictable the cycle is.

Calculate the impact of wholesale price adjustments (including successive discounts) on final cost.
Determine the initial full rate of mark-up on cost in retail settings.
Analyze the effect of additional discounts on sale prices and profitability.
Calculate operating expenses as a percentage of selling price.

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