Asmall town has few available workers, and unemployment is low. a family-owned restaurant in town has just had a very good year in profits and would like to hire additional wait staff to meet higher demand. based on what you know of how worker earnings are determined, which of the following will most likely happen?

The restaurant will offer a higher wage than other comparable business

Explanation:

Since the law of supply and demand states, the more the offer the lesser the price, but when supply remains constant and demand increases the prices tend to increase as well due to this problem of limited supply, so people starts to pay more for the same service or product in order to be able to have it, when this restaurant starts to need more workers and there is a limited amount in the town, they will have to pay more than a regular business in other place in order to be able to be attractive to workers.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer///the factor market;