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those that reach peaks or lows a few months after the business cycle; such as number of new commercial vehicles sold.
when prices increase due to a rise in the cost of production. These increased costs push up the...
economic division between the wealthy countries of Europe; North America; Japan; and Australia;...
when prices of a wide range of goods and services decrease continuously over an extended period...
when a group of producers agree among themselves to control production and set prices. Usually...
when firms do not produce the correct quantity to suit demand as they do not use the resources...