Which of the Following Is Most Closely Associated with Moore's

question 26

Multiple Choice

Which of the following is most closely associated with Moore's Law?

• A) Every year or two, the price of computers has approximately doubled.
• B) Object-oriented programming uses less memory than previous software-development methodologies.
• C) Demand for communications bandwidth is decreasing dramatically each year.
• D) Every year or two, the capacities of computers have approximately doubled without any increase in price.

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Definitions:

Free Markets

Economic systems in which the prices for goods and services are determined by the open market and consumers, without government intervention.

Equilibrium Price

The rate in the marketplace at which the volume of goods being offered is the same as the volume of goods being sought.

Equilibrium Quantity

The quantity of a good or service at which demand meets supply.

Supply Decreases

A situation in which the quantity of a product or service offered in the market declines due to various factors like increased production costs or reduced number of suppliers.