Beth is a college student looking for summer employment. She has two options. Firm X is employing lifeguards to patrol the beaches at an exclusive resort in Cancun, Mexico, while Firm Y offers her a job working in an office filing paper work and assisting with the ordering of office supplies. Given this information, A) Firm X may pay a wage that is higher than that of Firm Y because the work at Firm X is not very interesting.
B) Firm X may pay a wage that is lower than that of Firm Y because the job at Firm X has more desirable working conditions.
C) Firm Y will pay a wage that is higher than that of Firm X because more individuals will apply for jobs at Firm Y.
D) none of the above

A) Firm X may pay a wage that is higher than that of Firm Y because the work at Firm X is not very interesting.

Explanation:

The Firm X is employing life guards for beach resorts in Cancun. The job of lifeguard requires more skills and efficiency. The job of life guard has undesirable features which make Firm X to pay more for the job of life guard. The Firm Y is offering a office job with simple paper filing work. Many candidates will apply for this job which makes Firm Y to offer low wage.

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; buyer guide;