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
#SPJ4
Answer:
Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.
Explanation:
Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.
Please see calculation attached .
Answer:
B. Telephone conversations
Explanation:
Media refers to every broadcasting and narrowcasting medium. A telephone conversation is not a broadcasting/narrocasting medium, given that it cannot transmit information effectively.
Answer: Please refer to Explanation
Explanation:
The Dominant Strategy in a game is the strategy that a player will choose that will provide them with the highest payoff regardless of what the other player does.
In the above, the dominant strategy will be for RAPHAEL to choose LEFT.
By choosing left Raphael makes a payoff of 4 if Susan picks Left as well and a Payoff of 6 if Sudan picks Right. This is better than him picking Right and he will get a Payoff of 3 if Susan chooses Right as well.
The Nash Equilibrium is the strategy where both are making the best that they can given the strategy of the other player and deviating from it will give them less pay out.
The dominant strategy therefore is for RAPHAEL to choose LEFT and for SUSAN to choose RIGHT.
This is because Raphael will pick Left as it maximises their payoff and Susan will then pick a strategy that gives her the highest payoff based on Raphael's decision which is to go RIGHT.
Answer:
Deferred Revenue account for the gift cards will show a balance of $1,100.
Explanation:
This $1,100 is the balance from the November 15 sales of $1,650 for which $165 and $385 were redeemed in November and December respectively.
The unredeemed balance of $385 from October 15 sales would be written off as uncollectible since Peterson views the probability of redemption as remote after two months.
It is prudent, therefore, to exclude $385 from deferred revenue account.
