Cyclical factors are most similar to what component of demand?
A)Seasonal factors
B)Average demand
C)Trend
D)Autocorrelation
E)Variance

Name: Cyclical factors are most similar to what component of demand? A)Seasonal factors B)Average demand C)Trend D)Autocorrelation E)Variance
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Question

Quizplus · Accepted Answer

Cyclical factors refer to recurring patterns that occur every few years, which is similar to seasonal factors. Both refer to predictable fluctuations in demand or activity that occur in a regular pattern.

Cyclical Factors Are Most Similar to What Component of Demand