Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow: Total Luxury Sporty Sales revenue $ 520 comma 000 $ 390 comma 000 $130,000 Variable expenses 375 comma 000 255 comma 000 120,000 Contribution margin 145 comma 000 135 comma 000 10,000 Fixed expenses 79 comma 000 39 comma 500 39 comma 500 Operating income (loss) $ 66 comma 000 $ 95 comma 500 $(29 comma 500) If $ 20 comma 000 of fixed costs will be eliminated by discontinuing the Sporty line, how will operating income be affected?

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.