Answer: It means business is at the peak point or peak phase
Explanation:
Peak phase or peak point refers to the point in which the increase in growth rate of business cycle reaches its maximum limit. Economic factors such as production, profit, sales, and employment, are higher, but tend not to increase further.
In peak phase, demand gradually decreases due to increase in the prices of input because an increase in input leads to increase in the price of product without a corresponding increase in the income of customers.
As a result of the increase in price, the customer restructure their budget and this may lead to a fall in demand.
