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Anastasy [175]
3 years ago
6

Sharron purchased a computer for $500 in 2018. Compared to the $900 computer that she purchased in 2011, the new one seems bette

r in terms of the price she has paid and the power of the microprocessor technology. This is best explained by
Business
1 answer:
Brilliant_brown [7]3 years ago
7 0

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.

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In many developing countries, the amount paid in ___________________ was as much as the combined amount for water, health, agric
Marianna [84]

In many developing countries, the share paid in a deficit budget was as much as the united amount for water, health, agriculture, roads, transport and finance.

<h3>What is the surplus and deficit budget?</h3>

A budget surplus is when extra money is gone over in a budget after expenses are paid. A budget deficit ensues when the federal government spends more money than it contains in revenue. Internal loans that drive up for the bulk of public debt are further divided into two broad types – marketable and non-marketable debt.

Anyone having borrowed funds or interests from another owes a debt and is beneath obligation to return the goods or repay the funds, usually with interest. For governments, the demand to borrow to finance a deficit budget has led to the growth of various states of national debt.

To learn more about the deficit budget visit the link

brainly.com/question/10876388

#SPJ4

6 0
10 months ago
homas is planning to start his own business in 10 years, at which time he will buy all the equipment and land needed. Currently
aalyn [17]

Answer:

FV $4,594,590

Explanation:

The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.

We solve for the future value of an annuity-due of 4 year at 10% interest rate:

C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\

C 900,000.00

time 4

rate 0.1

900000 \times \frac{(1+0.1)^{4} -1}{0.1}(1+0.1) = FV\\

FV $4,594,590

This is the amount accumualted at the end of the tenth year

6 0
3 years ago
Cake is a product of the Chester company which is primarily sold in the Americas Budget segment. Chester starts to create their
alekssr [168]

Answer:

Cake demand next year=1,267,498 units

Explanation:

Y=I+G

where;

Y=cake demand next year

I=initial demand

G=growth demand

Meaning;

Cake demand next year=Initial demand+growth demand

where;

Initial demand=1,207,141 units

growth demand=5% of initial demand

growth demand=(5/100)×1,207,141=60,357.05 units

replacing;

Cake demand next year=1,207,141+60,357.05=1,267,498.05

Cake demand next year=1,267,498.05 units rounded off to the nearest unit=1,267,498 units

5 0
3 years ago
Your company purchased a piece of land five years ago for $150,000 and subsequently added $175,000 in improvements. The current
exis [7]

Answer:

your mom

Explanation:

your mom

6 0
3 years ago
(1) Given access to the same risk-free asset and the same investment opportunity set of risky assets, an investor's degree of ri
alexandr402 [8]

Answer: C. optimal mix of the risk-free asset and risky asset

Explanation:

Risk aversion simply has to do with how people curtail risk and this is done through the preference for the outcomes that have low uncertainty than those that have high uncertainty.

An investor's degree of risk aversion will determine his or her optimal mix of the risk-free asset and risky asset even if they've access to the same risk-free asset and also the same investment opportunity set of risky assets.

8 0
2 years ago
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