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Which of the following phases of a business cycle are marked by an underuse of...

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Which of the following phases of a business cycle are marked by an underuse of resources?

1) The trough.

2) The peak.

3) The recovery.

4) The recession.

A.

1 and 3 only

B.

1 and 4 only

C.

2 and 3 only

D.

2 and 4 only

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All of the following are possible explanations for a significant unfavorable material efficiency variance except:
A retail organization is considering acquiring a composite textile company.
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TESTED 07 Feb 2026