What does the prospect theory solve

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Which of these is an example of innovation?

Todd and jim learned that in building a business plan, it was important for them to: