One of the three shops on campus that sell university logo clothing has found that if it sells a sweatshirt for $30 or more, the other two shops keep their prices constant and the store loses revenues. If, however, the shop reduces its price below $30, the other stores react by lowering their prices. What kind of market structure does this store face? A. Oligopoly. B. Monopolistic Competition. C. Monopoly. D. Perfect Competition. If the store's marginal costs fluctuate up and down very slightly, how should the store adjust its prices? A. Prices should fluctuate with marginal cost. B. Prices should stay the same since the store expects lost revenue whether it raises or lowers the price. C. Prices should fluctuate if revenues fall. D. None of the above.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

D. centrally planned economy hope this ! : d