The Development of the Digital Video Camera, Which Replaced Film

question 175

Multiple Choice

The development of the digital video camera, which replaced film video cameras, is an example of

• A)roundabout production.
• B)derived demand.
• C)creative destruction.
• D)specialization.

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Definitions:

Ideal Version

The best or most perfect version that something can be, often used as a benchmark or goal for development and improvement.

Potential Customer

is an individual or organization that could become a purchaser or user of a company's products or services based on their interests or needs.

Experimentation

The process of trying out new ideas, concepts, or methods to gain insights or achieve improvements.

Successful Entrepreneurs

Individuals who have effectively built, managed, and grown their businesses, meeting or exceeding their entrepreneurial goals.