The 1949 Quotation That "Computers in the Future May…weigh Only

question 38

Multiple Choice

The 1949 quotation that "computers in the future may…weigh only 1.5 tons" indicates:

• A)Engineers are generally very poor at forecasting.
• B)It is difficult to forecast the development of technology more than a few years ahead.
• C)The lack of communication among technologists-the transistor had been invented in 1947.
• D)The acceleration of technological change during the second half of the 20^th century.

Determine the conditions under which a purely competitive seller should produce or shut down in the short run.

Calculate economic profit or loss based on cost data and market prices.

Understand the law of diminishing returns and its impact on marginal cost.

Identify the conditions for a purely competitive firm to earn a normal profit in the short run.

---

Definitions:

Assessment

The process of evaluating or analyzing something to understand its value, significance, or condition.

Fault-Defend Pattern

A communication pattern where one party consistently blames the other, leading to defense mechanisms rather than constructive problem-solving.

Passive-Active Pattern

Refers to the behavior patterns where individuals oscillate between passive and active roles, often in the context of relationships or decision-making.

Communication

The process of exchanging information, ideas, or feelings between individuals or groups, typically through a common system of symbols, speech, or behavior.