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.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Scenario 4-1<br>In a given year, country A
Q13: Which of the following is true of
Q33: Scenario 4-1<br>In a given year, country A
Q34: The term net exports refers to:<br>A)the situation
Q36: In a market system,which of the following
Q37: The figure given below represents the circular
Q39: Which of the following is not considered
Q40: The figure given below represents the circular
Q42: The figure given below represents the equilibrium
Q43: The wireless communication business has changed dramatically