Answer:
1. Slow Production - 5. Control Standards
2. Unfriendly Attendants - 4. Feedback
3. Oak trees and Labour - 1. Input
4. New Training Program - 2. Transformation
5. Oak Furniture - 3. Output
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Answer:
Private organisation
Explanation:
The National Bureau of Economic Research is a private organisation that disseminates economic research to academic communities, business professionals, and policy makers.
NBER's aim is to make sure there is greater understanding of how the economy works. It studies the effects of government policies on the economy, makes quantitative models of economic behaviour, and uses new statistical measurement tools.
When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency. The equilibrium price refers to the market price when the quantity of goods and services supplied is equal to the demand of the goods and services. If equilibrium price rises, efficiency decreases due to the market not being equal with the supply and demand of items.
Answer:
a. Revenues - These will increase by $5 million to represent the entire value of the order.
b. Earnings. - Increase by $3 million
Earnings in this case are revenue less the cost of inventory which will be;
= 5 - 2
= $3 million
c. Receivables - Increase by $4 million
The customer paid $1 million upfront which means that they still owe $4 million out of the $5 million. This will go to the receivables account to show that the customer owes the business.
