Following is information from Skechers USA, Inc. for fiscal 2016 (in thousands). Total 2016 revenue $3,563,311 Total revenue growth rate 5.0% Terminal revenue growth rate 2% Net operating profit margin (NOPM) 8.2% Net operating asset turnover (NOAT) 3.42 Projected 2017 total revenue would be: A. $3,634,577 thousand B. $3,855,503 thousand C. $3,324,568 thousand D. $3,741,477 thousand E. None of the above

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 for the above question is (d) the additional benefit from consuming one more unit;