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The Resources Owned by Firms That Shut Down in the Process

Question 38

Multiple Choice

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


A) are used in activities that are identical to the failed business.
B) are used where they have less value and thus reduce cost.
C) move to activities where they are more highly valued.
D) are liquidated and can never be used again.
E) are written off and contribute to wastage in the economy.

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