Trading up and down and the Business Cycle

Discipline: Business Studies

Type of Paper: Essay (any type)

Academic Level: High school

Paper Format: APA

Pages: 2 Words: 550

Question


Trading up and down and the Business Cycle

Trading up and down are product strategies and are closely related to the business cycle. It seems that firms trade up during periods they are doing well and then trade down during recession. Why do all business seem to follow the same?

 

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