Richard Has Recently Purchased a Computer for $600

question 91

Multiple Choice

Richard has recently purchased a computer for $600.Compared to the $900 computer which he had purchased way back in 2010,the new one seems to be more efficient in terms of the price he has paid and the power of the microprocessor technology.This phenomenon is best explained by:

• A) the law of demand.
• B) Campbell's law.
• C) Moore's law.
• D) the law of diminishing returns.
• E) Bowley's law.

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Definitions:

Facebook

A social networking platform that allows users to connect, share, and communicate with friends and family online.

Confidentiality

The ethical or legal duty of keeping information private or secret, ensuring that sensitive information is accessed only by authorized parties.

Oral Presentation

A verbal report or lecture delivered to an audience, designed to inform, persuade, or share information.

Face-To-Face Meeting

A personal interaction between two or more people in the same location, allowing for direct communication and non-verbal cues.