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Novay_Z [31]
1 year ago
11

the creation of new products and production methods that completely destroys the market positions of firms that are wedded to ex

isting products and older ways of doing business is called .
Business
1 answer:
aliya0001 [1]1 year ago
4 0

Creative destruction is the creation of new products and production methods that completely destroy the market positions of firms wedded to existing products and older ways of doing business.

Creative destruction is the constant process and product innovation mechanism through which new production models replace obsolete ones. This restructuring process pervades the main features of macroeconomic performance, including lengthy growth and changes in the economy, structural adjustment, and factor market functioning.

Over time, the practice of creative destruction is responsible for more than half of all productivity growth. Restructuring typically decreases during recessions at business cycle frequency, adding a massive expense to downturns. Obstacles to the creative destruction process can have serious long- and short-term macroeconomic consequences.

To learn more about creative destruction: brainly.com/question/15718116

#SPJ4

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In a market economy, which of the following is NOT an accepted role of government?
SOVA2 [1]

Answer:

providing for national defense

Explanation:

yes

6 0
2 years ago
The manager of the Boston Red Sox notices that his outfield star, Fenway Fred, has gone hitless in his last ten at bats. Which m
Zepler [3.9K]

Answer:

controlling

Explanation:

Based on the information provided within the question it can be said that the manager is performing the management function known as controlling. This function focuses on analyzing a situation and checking for errors in order to be able to take corrective actions. Which in this scenario, by seeing that the outfield star is having a problem getting hits, the manager can now take appropriate measures to try and solve this problem.

7 0
3 years ago
If the government of Balancia runs a deficit of $50 million per year in Year 1 and in Year 2 due to its recession, but then has
natima [27]

Answer:

Cyclically balanced budget

Explanation:

6 0
2 years ago
When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
Helga [31]

slope of this demand curve for pizza = <u>-1/40</u>

<h3>Briefly explained</h3>

Slope = changes in y/ changes in x

The shop sells 200 more pizzas if the price drops by $5 ($10 to $5). (100 to 300 pizzas) A good's quantity is always on the x-axis and its price is always on the y-axis. According to our justification, the cost is REDUCED by $5 (a reduction of -$5) and the quantity of pizzas sold rises by 200. The slope is therefore <u>-5/200 or -1/40.</u>

<h3>What is demand curve?</h3>

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period.

The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.

Learn more about demand curve

brainly.com/question/1139186

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5 0
1 year ago
When is an employee entitled to a right-to-sue letter from the eeoc?
deff fn [24]
<span>within 180 days from the time the employee filed a complaint provided the eeoc finds that there has been discrimination
C.

</span>
3 0
3 years ago
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