At which point of the business cycle would prices probably be highest? during a trough during a recession during a recovery during a peak

The correct answer is D. During peak.

During peak point is when the business cycle will prices be highest.

Business cycle is termed as the movement of upward or downward of gross domestic product.

The period when there is contraction in a sequence and single boom. The four stages of business cycle include; trough, contraction, peak and expansion.

When it is at peak point, the economy is known to be producing the required allowable input and employment is above full.

When in contraction the unemployment increase. In expansion point there is increase in economic growth, upward pressure which is put in prices and also increase in employment.

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.