Multiple Choice
The process by which new technologies come on in waves and eliminate old ones is called
A) efficiency improvement.
B) entrepreneurship.
C) capital intensity.
D) creative destruction.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Use the following diagram to answer the
Q17: A production possibilities curve shows:<br>A) the maximum
Q18: Resources found in nature, such as land,
Q20: The decline in the growth of capital
Q21: The production possibilities curve shows the maximum
Q23: The growth of labor productivity is caused
Q24: Some people feel that continuing low levels
Q25: Use the following diagram to answer the
Q26: The economy in the U.S:<br>A) has recently
Q27: The best technology for producing popcorn and