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Moore's Law States That the Speed of a Computer Doubles

question 21

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Moore's Law states that the speed of a computer doubles every 18 months.


Definitions:

High-Tech Revolution

A period characterized by rapid and profound technological advancements, significantly impacting industries and society.

Market Structures

The organization and characteristics of a market, determining the level of competition and pricing power, such as monopolistic, oligopolistic, and competitive markets.

Tit-For-Tat

A strategy in game theory and negotiations where a participant replicates an opponent's actions, commonly used to enforce cooperative behavior.

Competitor

An entity that competes in the same market for customers with another entity.

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