As a Result of Moore's Law,________

question 8

Multiple Choice

As a result of Moore's Law,________.

• A)the risk of technology becoming obsolete has decreased
• B)the price to performance ratio of computers has fallen dramatically
• C)software prices have come down dramatically
• D)smaller chip manufacturers are able to reduce investments in research and development

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Definitions:

Loss

A situation in which expenses exceed revenues, leading to negative profit.

Monopolistic Competitor

In market economics, a monopolistic competitor refers to a company operating in a sector filled with competitors, yet it has enough differentiation to have some control over its pricing.

Downward Sloping

A description of a curve or line that shows a decrease in one variable as another variable increases, commonly seen in demand curves.

Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded by consumers.