According to Moore's Law, the ________

question 90

Multiple Choice

According to Moore's Law, the ________.

• A) price of integrated chips increases once in 18 months
• B) size of computing devices and integrated chips doubles every year
• C) number of transistors per square inch on an integrated chip doubles every 18 months
• D) size of computing devices and integrated chips reduces by fifty percent every year

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Definitions:

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume, such as rent or salaries.

Unit Product Cost

The total expense incurred to manufacture or produce one unit of a product, including direct materials, labor, and overhead costs.

Variable Manufacturing Overhead

These are costs that vary with production volume, such as utilities for the production plant or materials.

Net Operating Income

The total revenue from operations minus the operating expenses, exclusive of taxes and interest, in a different phrasing.