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timofeeve [1]
1 year ago
8

In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of?

Business
1 answer:
Lemur [1.5K]1 year ago
7 0

In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.

Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.

According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).

Learn more about Creative destruction here : brainly.com/question/15718116

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You might be interested in
He said," I don't like you" change in indirect speech​
nika2105 [10]

Answer:

whether'.

Explanation:

4 0
3 years ago
Samuel Jenkins made two investments; the first was 13 months ago and the second was two months ago. He just sold both investment
tatiyna

Answer:

short: 11,000 -->  1,320 income tax

long:  11,000 --> zero tax income

Explanation:

The capital gains are clasiffied as long.term gain once they were held for period of time of more than a year during the current holder.

Thus, the 13 month ago investment will be considered long term

while the other short term

the rate for short term is 12% at Samuel income bracket

while the long.term capital gain will not be taxed,

short term:

11,000 x 12% = 1.320‬

7 0
4 years ago
these are ways to establish good credit: question 5 options: job! open savings account open checking account and manage it well.
Flura [38]

The best way to establish good credit is to open a savings account and a checking account, and manage them both well. Another good way to establish credit is to get a credit card and make small purchases with it.

What is credit card?
A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services according to the amount of debt they have accumulated. The card issuer (typically a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards as well as business credit cards are the two types of credit cards. The majority of cards are made of plastic, but some are made of metal (<u>stainless steel, gold, palladium, titanium</u>), while others have gemstones embedded in the metal.

To learn more about credit card
brainly.com/question/26867415
#SPJ4

7 0
1 year ago
An​ individual's income rises from ​$77 comma 000 per year to ​$82 comma 000 per​ year, and as a consequence the​ person's purch
Sonja [21]

Answer:

16.67

normal

Explanation:

Income Elasticity of Demand = \frac{Percent Change In Quantity Demanded}{ Percent Change In Income}

% change in movie downloads = (4 - 2) / 2

% change in movie downloads = 2 / 2

% change in movie downloads = 1

or

% Change in quantity demanded = 100%

% change in income = ($82,000 - $77,000) / $77,000

% change in income = $5,000 / $77,000

% change in income = 0.06

or

% change in income = 6%

Income Elasticity of Demand = 100% / 6%

Income Elasticity of Demand = 16.67

When the Income Elasticity of Demand is positive, it is usually Normal Goods. As Income goes up, similarly the movie downloads or quantity demanded going up. So, this is a normal good.

4 0
3 years ago
A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
mash [69]

Answer:

in the primary market and usually with the assistance of an investment banker.

Explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market

7 0
3 years ago
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