Answer: General Chennault established specific and measurable goals for the pilot.
Explanation:
From the question, we are informed that in Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingent on performance based standards.
The kind of goal setting and pursuit strategy represented in this case study show that General Chennault established specific and measurable goals for the pilot. The pilots know what to do in order for them to get rewarded.
In the long run, the cost of capital for nonequity funding is generally LESS THAN that of equity investment.
The answer to this question is "loan out".
A goldsmith could hold some gold in reserve for depositor's withdrawals, but "LOAN OUT" excess gold and thereby make a profit from the depositor's funds. This loan out is also refer to the long term financing.
Answer:
d-
supply curve for grapes to shift to the left, resulting in a higher equilibrium price for grapes and a decrease in the quantity consumed.
Explanation:
supply curve for grapes to shift to the left, resulting in a higher equilibrium price for grapes and a decrease in the quantity consumed. An increase in the price of factors of production leads to a supply contraction. When the supply is contracted, the graph moves towards top to the left. Businesses have limited capital and when the wage rates increase it would lead to higher amount paid to workers and lower amount left to purchase raw materials, to spend on advertising, etc. This whole phenomenon leads to a decrease in supply ,obviously an increase in the price of the good and a decrease in the quantity consumed
Social classes are groups of people who have the same economic or educational status in society