When an existing firm creates a new venture or develops an innovation, it is said to be engaging in

Degan routinely drove the 400-mile round trip to his favorite grocery store to stock up on bread, which cost $1.50 per loaf

Running out would be disastrous — an unplanned trip to this store would mean a custom order that would run $7.75 per loaf. Overstocking wasn't a big issue, he could sell it to his teaching partner for $0.10 per loaf. With a demand that is normally distributed with a mean of 125 and standard deviation of 15, what is Degan's optimal purchase quantity on his next trip to the store? A) 139 B) 173 C) 115 D) 128

Why would a country's currency come under a speculative attack?

A) A country has nearly exhausted its foreign currency reserves. B) A country announces a poor monetary policy decision. C) A country raises its interest rate too high attracting currency investors. D) A country changes its monetary regime unexpectedly.