Creative destruction is least beneficial to
A) workers in the "destroyed" industries.
B) workers in the "created" industries.
C) consumers.
D) society as a whole.
Correct Answer:
Verified
Q199: Resources are efficiently allocated when production occurs
Q200: The difference between the maximum price a
Q201: Q202: Q203: If there is allocative efficiency in a Q205: Entrepreneurs in purely competitive industries Q206: With the creation and growth of the Q207: The theory of creative destruction was advanced Q208: The "invisible hand" in a competitive market Q209: Innovations that lower production costs or create
A)have no incentive
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