You want to buy a puppy. one of the kids at school has a dog that just had a litter of puppies. you ask her if you can get one of the puppies, specifying that you want a female, and that you will pay $100 for it. she says the puppies are selling for $1000 each and that the entire litter is male dogs. she is willing to sell the mother to you for $500. are you the offeree in this negotiation? yes no

Where are the choices.

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.