Multiple Choice
The advent of Netflix movie streaming and Redbox kiosks renting DVD and Blu-ray movies have virtually demolished the market for video rentals from brick and mortar stores such as Blockbuster. This is an example of
A) creative destruction.
B) derived demand.
C) capital accumulation.
D) the difference between normal and economic profits.
Correct Answer:

Verified
Correct Answer:
Verified
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