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Figure 8-9
The vertical distance between points A and C represents a tax in the market.
-Refer to Figure 8-9.The producer surplus without the tax is
POST
Power-On Self Test, a diagnostic testing sequence run by a computer's BIOS or firmware to check the system's hardware components before booting.
CMOS
Complementary Metal-Oxide-Semiconductor, a technology used for constructing integrated circuits including microprocessors, batteries, and digital camera sensors.
EPROM
A type of memory chip that is erasable and reprogrammable using ultraviolet light.
VRAM
Stands for Video Random Access Memory, a type of memory used to store image data that a computer display will use to render graphics efficiently.
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