Computer Processors and Memory Costs Have Decreased Dramatically in the Past

question 126

Multiple Choice

Computer processors and memory costs have decreased dramatically in the past 25 years.As a result, in the computer market, we have seen

• A)an increase in demand.
• B)an increase in supply.
• C)a decrease in demand.
• D)a decrease in supply.

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Definitions:

Gantt Chart

Graphically displays the scheduling of tasks required to complete a project.

Projected Budgets

Financial plans that estimate future income and expenditures over a specific period, helping organizations plan their financial activities.

Prototype Testing

The process of evaluating a preliminary model of a product to identify any potential issues or improvements before it is produced on a larger scale or released to the market.

Profitability Ratios

Financial metrics used to assess a business's ability to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.