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Question: entrepreneurs frequentty bring new products to market making older substitute...

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Entrepreneurs frequentty bring new products to market, making older substitute products obsolete. Economist Joseph Schumpeter reterred to this the Jake, the president of a company that makes electronk devices, borrows a large sum of money from the local bank to purchase new, automated technology to make a nen series of laptop computers. This new generation of laptops is expected to drive desktop computers out of the market. As depicted in the above scenario, weich of the following is an example of creative destruction? O The purchase of new techndlsgy used to make the new saries of laptops Desktop computers becoming obsolete due to the introduction of this new series of laptops O The nem automated technology used to create the lsptops Grade t Now Save & Contine

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