Industries that are most adversely affected by business cycles are the _____
  • a)
    Durable goods and services sector
  • b)
    Non-durable goods and services
  • c)
    Capital goods and Non-durable goods sectors
  • d)
    Capital goods and durable goods sectors
Correct answer is option 'D'. Can you explain this answer?
Related Test: Test: Business Cycles- 1

CA Foundation Question

2 Answers
Malleshwari Malleshwari answered Oct 05, 2019
Capital and durable goods will have more impact on business cycle as their production and usage Will exist more in the market which have more demand and supply ... consumption is Made more on these goods so it effects the business cycle

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