Atternpts

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Keep the Highest $/2$

$8.$ The terminology of technological advancement

The discovery of a product or process is called innovation grad.

Felix, the president of a company that makes electronic devices, borrows a large sum of money from the local bank to purchase new, automated technology to make a new series of laptop computers. This new generation of laptops is expected to drive desktop. computers out of the mariket.

As depicted in the above scenario, which of the following is an example of creative destruction?

The purchase of new technology used to make the new series of laptops

The new automated technology used to create the laptops

Desktop computers becoming obsolete due to the introduction of this new series of laptops