Trout incorporated (inc.) sells trout in a perfectly competitive market. trout inc. is able to sell trout for $600 per unit. in this market, there are 2000 firms competing with one another. last year, trout inc. was able to earn an economic profit of $1,000,000 . the firm has purchased a permit to fish this season, insurance in case one of their workers gets hurt on the job, and a boat. together, these items represent all of the firm's fixed costs and sum to $100,000 . last year, trout inc.'s total revenue was $1,300,000 . what is the marginal revenue per unit for this firm?

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.

Having a long credit that will be corrected is better that a short credit that is clear is simply because with long credit history, a prospective lender can see how you have operated your credit facility over a considerable period. nobody's credit history is perfect - everyone has at least 1 or 2 lapses on their record. have short history of your credit doesn't show patterns or trends of persistent late payments.