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When the USB Memory Stick Was Introduced,it Destroyed Demand for Floppy

question 9

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When the USB memory stick was introduced,it destroyed demand for floppy disks due to its vastly superior storage capacity,cheaper price per unit of storage capacity,and more convenient size,shape,and usage.This was an example of ________.


Definitions:

Market Value

The rate at which the market currently facilitates the buying or selling of assets or services.

Total Return

Total Return is the complete return on an investment over a specified time period, encompassing both capital gains and dividends or interest.

Financial Markets

Platforms where individuals and entities can trade financial securities, commodities, and other fungible items of value at low transaction costs.

Extraordinary Returns

Profits that significantly exceed the norm or benchmark, often due to unusual or rare events affecting the investment.

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