What decisions does the business cycle businesses make? check all that apply. whether to stay at old facilities or move to new facilities whether to grow or shrink the business whether to keep or change products whether to increase or decrease production whether to hire or lay off workers whether to invest or save money

Options (2), (4), (5) and (6) apply.

Explanation:

Business cycle refers to increase and decrease in production level in the economy. It is measured by GDP (Gross Domestic Product). Growth is GDP is termed expansion while decline is contraction.

By analyzing business cycle, businesses will be able to estimate market position, thereby analyzing whether to expand the business operations or not, increase or decrease production so as to minimize losses. Decisions regarding hiring or laying off can also be taken so as to decrease its cost of inputs if business is experiencing a decline and finally analyzing if money should be invested or saved. Business can invest money if economy in general is doing well.

2, 4, 5, 6.

Explanation:

4 answers. Just took the review.

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