As More Firms Entered the Personal Computer Industry, the Component

question 48

True/False

As more firms entered the personal computer industry, the component producers (the makers of computer components such as RAM or CPUs) were able to achieve economies of scale. Because of this, the personal computer industry is an example of a decreasing cost industry.

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Definitions:

Founder Effect

A form of genetic drift where a new population is established by a very small number of individuals, leading to reduced genetic variation from the original population.

Human Populations

Groups of humans living in a specific geographic area, characterized by shared genetics, culture, and societal structures.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to species survival and adaptation.

Colonization

The process by which a central system of power dominates the surrounding land and its components, often referring to historical conquests and settlements.