A Report from IDC Estimates That the Amount of Information

question 86

Short Answer

A report from IDC estimates that the amount of information humanity creates will grow by a factor of ____________________ between 2009 and 2020.

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Definitions:

AFC

Average Fixed Cost, which is the fixed costs of production divided by the quantity of output produced.

Total Variable Cost

The sum of all costs that vary directly with the level of production or output, such as materials and labor.

Total Fixed Cost

the sum of all costs that remain constant regardless of the level of production or business activity.

Weekly Cost

Expenses calculated on a weekly basis, tracking the regular outflow of cash for operations or living expenses.