Business, 11.12.2019 03:31, malaysiasc93

The demand for housing is characterized by a regular pattern of increasing to a peak, then falling. when the demand reaches a low point, it then repeats the pattern. this pattern usually takes place over a three- to five-year period. this is an example of which type of demand pattern?

a) autocorrelation
b) step change
c) trend
d) seasonality and cycles

Answers: 3

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The demand for housing is characterized by a regular pattern of increasing to a peak, then falling....