What is the term for the average activity that a firm experiences in the long term (more than one year)?

Question

Quizplus · Accepted Answer

The term for the average activity that a firm experiences in the long term is the normal activity level. This represents the expected level of activity within a certain range of variation over an extended period, typically more than one year. A is incorrect because "expected activity level" doesn't specifically refer to long-term activity. C and D are not commonly used terms in finance or economics.

What Is the Term for the Average Activity That a Firm