Which of the following does not illustrate the idea of creative destruction?
A. Digital downloads have shrunk the market for CDs and DVDs
B. Online retail sales have increased, while brick-&-mortar sales have slowed down
C. The opening of a new mall reduces the traffic in another mall
D. A firm has to destroy some of the expired products in its inventory
Answer: D
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Alchemy was the attempt to discover a process by which base metals, such as lead, could be turned into gold. If an alchemist had been successful,
A) all the lead in the world would have been added to the world's gold supply. B) all the lead in the world would have replaced the world's gold supply. C) all the lead in the world would only have been added to the world's gold supply when it was converted to gold. D) the alchemist would likely have been killed by the owners of real gold.