As new products that are better than the existing generation of products are introduced, sales normally increase because the new products provide consumers increased value or worth
This process, which is called ________, stimulates economic activity, which is a good thing for the economy.
A) creative destruction
B) repetitive destruction
C) iterative replacement
D) inventive replacement
E) iterative destruction
A
Business
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Indicate whether the statement is true or false
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Indicate whether this statement is true or false.
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