What Are the Differences Between Volatile and Nonvolatile Memory? Give

question 7

Essay

What are the differences between volatile and nonvolatile memory? Give an example of each.Why is this important to know in a business?

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Definitions:

Advance in Technology

Advance in technology refers to the progressive development and innovation in technology that leads to more efficient processes, products, and services.

Human Capital

The economic value of an individual's skills, knowledge, and experience, considered in terms of the ability to perform labor to produce economic value.

Economic Cost

The total cost of choosing one action over another, including both explicit and implicit costs.