The business cycle a graph titled the business cycle has time on the x-axis and economic output on the y-axis. 3 points are connected with a curved line. the line increases and then decreases significantly to point 1. point 1 drops significantly to point 2, which is the lowest point. point 2 increases to point 3, which is at the same level as point 1. a family is trying to sell their home at point 2 on the graph. how might this affect the sale of their home? check all that apply. their home will likely sell for a low price. their home will likely sell for a high price. their home will likely take longer to sell. their home will likely increase in value if they wait. their home will likely sell quickly.