Business Cycles - Start to end of a cycle ------------> Length of cycle (L)
Rotations - Number of revolutions of the same business cycle or cash flows through the same cycle (N)
L - N trade-off.............optimal condition of cycle duration and cycle number in one season
**Its very important to know the length of the business cycle
By Volume (V) or By Margin (M) ....................
V-M trade-off..............optimal condition of volume and margin of optimal profit
**For personal business, one must have full clarity of the cash flows
The demand-supply curve is 2D representation of 3 parameter system ----------- Demand , Supply, Price
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