Innovation refers to the introduction of new products and processes into the market

The figure illustrates the demand for eggs. At what price will egg sellers maximize their total revenue?

A) above $0.75 a dozen B) $0.75 a dozen C) less than $0.75 a dozen D) $1.50 a dozen

Monitoring a manager can be difficult if

A) the owner and manager do not have an enforceable contract. B) the owner cannot easily observe the manager's actions. C) the manager doesn't have to use a time clock. D) the board does not have enough outside directors.