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What type of economies are represented by Moore's Law?

What type of economies are represented by Moore's Law?

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Expert Solution

Moore's law represent increasing economies of scale, because it states that the number of transistors on a microchip doubles every two years, though the cost of computers is halved. Hence we can utilize double the amount of computers at half of the price, which represents increasing economies of scale.

Rahul Sunny answered 2 years ago
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