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15 March, 11:10

Business cycles occur in free enterprise systems because

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  1. 15 March, 14:49
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    Answer: Business cycles occur in free enterprise systems because all economic factors are determined by the market.

    Explanation: The economic decisions that are determined by the market are price, production and consumption. Price refers to the price of the good or service being sold. Production refers to the amount of items that are produced and how production lines are focused. Consumption is used to describe how much of something is being used by another person.
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