During the contraction phase of the business cycle, Select one: a. prices fall relative to costs, reducing
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Question:
During the contraction phase of the business cycle,
Select one:
a.
prices fall relative to costs, reducing profit margins.
b.
costs fall relative to prices, reducing profit margins.
c.
prices fall relative to costs, increasing profit margins.
d.
costs fall relative to prices, increasing profit margins.
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