The Following Table Shows the Relationship Between the Speed of a Computer's

question 2

Multiple Choice

The following table shows the relationship between the speed of a computer's CPU and the benefits and costs.Assume that all other features of the computer are the same,i.e. ,CPU speed is the only source of variation.

-The total benefit of a 3 GHz computer is

• A) $400.
• B) $500.
• C) $800.
• D) $1,900.
• E) $2,200.

---

Definitions:

High-End Fashion

Clothing, accessories, and lifestyle items that are made by leading fashion houses, characterized by exclusivity, luxury materials, and high price points.

Network Effects

The phenomenon whereby a product or service gains additional value as more people use it.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the average cost per unit of output decreases with increasing scale.

Monopolist

A sole provider of a particular good or service in a market, possessing the power to control prices and exclude competition.