Explanation:
Innovation is the introduction of inventing or producing new things.
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I believe this is an example of disruptive innovation.
A term coined by Clayton Christensen, it refers to a product which is created and placed at the lower end of the market, but then takes over the entire market in a short period of time. This is exactly what happened with Hilltop corp.'s security system.
Depends on the quality and quantity of goods
Answer:
$1500
Explanation:
The government spending is the amount of money that is spent by the public sector. If government spending increased by $500 and taxes are reduced by $200. Equilibrium level of output is level at which aggregate demand equals to aggregate supply. The equilibrium output will change by $1500.