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​A Retailer X That Is Operating at a Loss Gets

Question 31

Multiple Choice

​A retailer X that is operating at a loss gets bought out by a larger chain of department stores,which shuts down the brand,using its assets for their own brand,


A) ​Wealth is destroyed since the company shut down
B) Wealth is created since the resources were of lesser value under the X brand and are now worth more
C) Wealth is neither created nor destroyed since the total amount of resources stay the same
D) ​None of the above

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