A Development Company acquired some land for development into a suburban utopia. Cost of lots acquired 24,600,000 Number of lots purchased 200 Number and types of lots Number Sales price Lake front 40 204,000 Golf view 70 154,000 Other 90 117,000 Total number of lots 200 Using the relative sales value approach, what is the cost allocated to

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.

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