Question 25 of 32
Q.Correct the underlined word and rewrite the following sentence.
When there is
recession
in economy sales will increase.
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2025Subjective· 1mImportance★★★★★
78% · 25/32 Questions
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Start your 14-day free trial to unlock the full solution →The underlined "recession" is wrong; sales increase during a boom, not a recession.
Business activity moves through phases of the trade/business cycle, and this directly affects sales and the working-capital requirement of a firm:
- Boom (prosperity): demand is high, sales increase, and the company needs more working capital to finance higher stocks and receivables. …
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