The disappearance of jobs for secretaries and telephone operators are examples of
A) creative destruction.
B) producer loss.
C) diseconomies of scale.
D) mutual synthesis.
E) creative license.
Correct Answer:
Verified
Q36: Q37: Individual sellers in a commodity market are Q38: One could argue that advertising Q39: Figure 6.1 Q40: In the long run, if a perfectly Q42: Creative destruction is the process by which Q43: Successful product differentiation _ the price elasticity Q44: If firms could not advertise their products Q45: An example of a firm with high Q46: What distinguishes monopolistic competition from perfect competition?
A) creates diseconomies
A)
A)
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