Answer:
This is best explained by Moore's law
Explanation:
Moore's law states that the transistor number in a given microchip doubles approximately every two years while the corresponding cost of the particular computer is halved. Moore suggested that the processing capability of the computers usually doubles every two years while at the same time the price reduces by half over the same period. This law was stipulated by Gordon Moore, who estimated that this scenario will continue for the foreseeable future.
This law can be applied in economics, especially if one deals in the electronics sector to determine forecast price estimates. Consider Sharron's case above;
If we apply Moore's law in Sharron's case, we note that the initial price of the computer in 2011 was $900. After seven years, the cost of the computer is $500. We can see that the cost of the computer has dropped by $400 almost half of its initial cost. At the same time, the power of the microprocessor technology has also improved. The microprocessor technology in 2018 is better than that of 2011.
B. a demand chart is what i think
Coffee and tea are predicted to have the highest positive cross-price elasticity of demand among all the products.
If the price of one good rises while the demand for the other good increases, then the cross price elasticity is positive. When using alternative products, this is feasible. The only alternatives are coffee and tea.
Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product.
When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this products. The perceived satisfaction increases with decreasing expenditure.
Learn more about cross-price elasticity here
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Since 1969, the economic growth in Hongkong has been greater than in the United States. Although both have been showing improvement and development when it comes to economic growth, Hongkong gave their best by devoting a bigger fraction of its resources to accumulating capital. Hongkong's production possibilities then have expanded more quickly. By 2009, the performance of Hongkong's economy has been promising for statistics states that the production possibilities of per person in the said country had reached 94 percent than in the United States. Another proof that Hongkong has been doing good is, it is considered as one of the world's leading financial centers. It boasts of its low taxation, almost free port trade and well established international financial market through its service-oriented economy.
Answer:
Option A
Explanation:
In simple words, Valence is individuals mental attitude towards result in second order. In this situation, the consequence of the first requirement is title earning and the consequence of that same second order is really the monetary support the competitors receive from either the USOC. Motivational Force (MF) = Survival rate * Instrumentality * Valence as according to Vroom's expectation principle.
