A real estate company provides housing services to retired individuals. It basically helps individuals above the age of sixty to search for houses with peaceful surroundings. Which of the following statements holds true for the real estate company?a. It depends on its ability to reduce the price to drive competition out of the market. b.It does not face damaging attacks from larger firms. c.It growth is never stymied irrespective of the fact that it serves a niche market. d.Its area of operation cannot be made to disappear or be taken over by larger competitors. e.It can charge very high prices.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

The correct answer is "c. a limited partnership without a general power".