Management is
the process used to accomplish organizational goals through planning,
organizing, leading, and controlling people and other organizational resources.
Management is used to control its employees to maximize its effort to obtain
its objective using the available resources to meet the customer demand.
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Long-run growth in GDP is determined by capital, labor productivity, and technology progress is affected by private property rights, investment in capital, entrepreneurship.
C) capital, labor productivity, and technology
A) Private property rights,
B) Investment in capital,
E) Entrepreneurship
<u>Explanation:</u>
The long run growth is considered as the increase in the value of goods produced in the market over a period of time. In macroeconomics, since quite a while ago run development is the expansion in the market estimation of merchandise and enterprises created by an economy over some undefined time frame.
The since quite a while ago run development is dictated by the level of progress in the genuine total national output (GDP). The goods and services produced in the long run and the long run growth is determined by the change in the percentage of Real GDP.
Answer:
C) An increase in the price of tennis racquets
Explanation:
If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.
