Richard purchased a computer for $600 in 2015.Compared to the $900 computer that he had purchased back in 2011,the new one seems to be more efficient in terms of the price he has paid and the power of the microprocessor technology.This is best explained by
A)product liability.
B)property rights.
C)Moore's law.
D)purchasing power parity.
E)sustainable strategies.

Question

Quizplus · Accepted Answer

Moore's law states that the number of transistors on a microprocessor chip will double every two years, leading to an increase in computational power and a decrease in cost per transistor. This explains why Richard's new computer is more efficient than the one he bought in 2011, despite costing less.

Richard Purchased a Computer for $600 in 2015