jflyp
jflyp jflyp
  • 26-06-2019
  • Geography
contestada

Recessions can occur in the peak phase of a business cycle TRUE FALSE

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AnimeBrainly
AnimeBrainly AnimeBrainly
  • 26-06-2019

Answer:

True

Explanation:

While the business is at it's peak, profit may significantly drop due to technical problems or a severe lag of customers that buy up the product. However, Recessions during peak phase generally bounce back really quickly, returning to the peak amount.

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madison3395
madison3395 madison3395
  • 26-06-2019

Answer:

True

Explanation:

Recessions can occur in the peak phase of a business cycle.

Answer Link

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