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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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According to the theory of liquidity preference, if the supply of real money balances exceeds the demand for real money balances
Sedbober [7]

Answer:

Sell interest-earning assets in order to obtain non-interest-bearing money

Explanation:

The liquidity preference theory states that investors prefer cash or highly liquid assets to long term assets that carry high risk.

When investors obtain long term assets the charge higher interest rates or premium in order to mitigate associated risk.

In this scenario when the supply of money is higher than demand, there is abundance of non interest bearing money that is highly liquid.

According to the liquidity preference theory investors will sell their interest bearing assets and go for assets with high liquidity (non Interest bearing money)

3 0
3 years ago
Read 2 more answers
On February 11, 20Y9, Quick Fix Company purchased $2,250 of supplies on account. In Quick Fix’s chart of accounts, the supplies
enot [183]

Answer:

a. February 15, 20y9, supplies purchased on account

Dr 15-Supplies 2,250

    Cr 21-Accounts payable 2,250

b.

Supplies                                                                               Account N. 15

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           purchase           1               2,250                       2,250

c.

Accounts payable                                                               Account N. 21

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           supplies             1                              2,250                       2,250

5 0
3 years ago
Which of the following is an example of an illustrative thesis statement: Select one:
Veronika [31]

Answer:

The correct answer is letter "B": The details, extra challenges, and character commitment found in the book Ready Player One make it far more enjoyable than the movie.

Explanation:

Thesis statements summarize in one sentence the main idea of a research study or an essay. The sentence is a direct answer to a question. It must be concise, direct and easy to read so anybody can understand what the content of the following pages could explain.

Out of the options given, the letter "B" is the best since it exposes clearly why the author of the essay believes the Ready Player One book is better than the movie.

8 0
3 years ago
The Modified Accelerated Cost Recovery System​ (MACRS) is a depreciation method used for​ ________ purposes. A. cost accounting
rjkz [21]

Answer: The correct answer is C

Explanation:

Because it helps you do your taxes and Have a nice day

5 0
3 years ago
IM Enterprises sells two products, Crunchies and Munchies. Crunchies have a 32 percent contribution margin and Munchies have a 3
german

Answer:

The multiple choices are:

A. No recommendation can be made by the data

B. It should sell more crunchies

C. It should sell an equal number of each product

D. It should sell more munchies

Option D, it  should sell more munchies , is correct

Explanation:

In order to cover generate more margin while the fixed cost remains the same, hence profitability is improved overall, the best course of action would be to sell more munchies with a higher contribution margin.

In essence, I am in strong support of the company, IM Enterprises , selling more of munchies, option D, as that would improve its bottom-line in terms of more profit generation.

Whatever contribution is made on additional sales,directly impacts net income since fixed cost has been covered ,hence a product with higher contribution would have impact on increased profit

5 0
3 years ago
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