Moore's law refers to the prediction that the cost of computing will drop by 50 percent every 2 years as computer- processing power doubles.

Name: Moore's law refers to the prediction that the cost of computing will drop by 50 percent every 2 years as computer- processing power doubles.
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Moore's law states that the number of transistors on a microchip will double approximately every two years, which in turn will double the processing power of computers while reducing their cost.

Moore's Law Refers to the Prediction That the Cost of Computing