The Advent of Netflix Movie Streaming and Redbox Kiosks Renting

question 231

Multiple Choice

The advent of Netflix movie streaming and Redbox kiosks renting DVD and Blu-ray movies have virtually demolished the market for video rentals from brick and mortar stores such as Blockbuster. This is an
Example of

• A) creative destruction.
• B) derived demand.
• C) capital accumulation.
• D) the difference between normal and economic profits.

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Definitions:

Issuance Size

Refers to the total amount of securities, such as bonds or stocks, that an entity offers to the public for sale.

Venture Capital

Financing for new, often high-risk ventures.

Ownership

The act, state, or right of possessing something.

Financing Condition

A provision that stipulates specific financial conditions that must be met for a transaction to proceed.