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3 years ago

The resources owned by firms that shut down in the process of creative destruction:

Business

1 answer:

patriot [66]3 years ago

4 0

The answer is <u>"b. move to activities where they are more highly valued."</u>

Creative destruction depends on the possibility that as opposed to inclining toward harmony, the economy is to a great extent in flux.

Creative destruction is the perception that a free enterprise economy is inalienably determined by developments, which are entwined with the pulverization of old parts of the economy and the making of new. That is, the development of another item triggers capital speculation, monetary extension, more noteworthy business, and improved expectations for everyday comforts, except by supplanting existing generation laborers are jobless, industrial facilities are closed down, and firms go bankrupt.

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If the pound sterling appreciates against the U.S. dollar, England buys _____ U.S. goods, causing the U.S. aggregate demand curv

Mandarinka [93]

Answer: More, Right

Explanation:

Appreciaton of a currency means the value of the currency has increased. When the pound sterling appreciates against the United States dollar, England will buy more of the products in the United States because the goods are cheaper when compared to their own currency.

Due to the increase in the United States product bought by England, the aggregate demand curve of the United States shifts to the right. The shift to the right of the aggregate demand curve shows that there is an increase in demand.

6 0

3 years ago

Which of the following results from outsourcing jobs from the United States

Rudik [331]

Answer:B LOWER WAGES FOR U.S. WORKERS

Explanation:

8 0

3 years ago

Read 2 more answers

In the mid 1980s, what emerging product market did a major foreign competitor capitalized on and Kodak miss due to a poor unders

Dima020 [189]

Answer:

Kodak missed the digital camera revolution that it started.

Explanation:

According to history, Kodak's Steve Sasson was the first to invent a digital camera prototype in 1975.

But, Kodak relied on its past successes to the extent that it could not see beyond its shoulders. Kodak spotted digital technology opportunity in its business, but it lacked the foresight to sharpen its core competency so that it could redefine the market and its business from a film producing and selling company to one that gives consumers the opportunity to share images online. It lacked the competency to understand the emerging needs of its customers and woefully failed to invest rightly in digital technology.

On the other hand, Fuji created new opportunities for itself that were related to its core business by branching into magnetic tape optics, videotape, copiers, and office automation. As a result, it overtook Kodak in market share while Kodak submerged into bankruptcy, from which it later emerged stronger better than it was before the bankruptcy but smaller.

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3 years ago

Bonita Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures wer

solong [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

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3 years ago

Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional c

sashaice [31]

Answer:

When a company is using conventional costing methods, the costs are allocated based on volume so those products with a high volume will get a higher share of the costs.

When Activity-based costing is used however, costs are assigned more accurately which will lead to the actual products that are causing the costs incurring them instead of those high-volume products so it will appear as though overhead costs have shifted from high-volume products to low-volume products.

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2 years ago