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Snowdonia is a small country which produces wrought iron and cheesecakes and is experiencing fixed capacity growth in year 1 . Which part of the

Snowdonia is a small country which produces wrought iron and cheesecakes and is experiencing fixed capacity growth in year 1 . Which part of the business cycle is Snowdonia in ? recovery recession peak trough Fixed capacity growth is demonstrated on the graph as a Wrought iron movement from point to point Long - run growth in Snowdonia would be illustrated on the graph as a movement from point to point

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