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  2. Moore's law - Wikipedia

    en.wikipedia.org/wiki/Moore's_law

    The graph at the top of this article shows this trend holds true today. As of 2017, the commercially available processor possessing the highest number of transistors is the 48 core Centriq with over 18 billion transistors. [148] Density at minimum cost per transistor - This is the formulation given in Moore's 1965 paper. [1]

  3. Law of increasing costs - Wikipedia

    en.wikipedia.org/wiki/Law_of_increasing_costs

    t. e. In economics, the law of increasing costs is a principle that states that to produce an increasing amount of a good a supplier must give up greater and greater amounts of another good. The best way to look at this is to review an example of an economy that only produces two things - cars and oranges. If all the resources of the economy ...

  4. Kruskal's algorithm - Wikipedia

    en.wikipedia.org/wiki/Kruskal's_algorithm

    Kruskal's algorithm[ 1] finds a minimum spanning forest of an undirected edge-weighted graph. If the graph is connected, it finds a minimum spanning tree. It is a greedy algorithm that in each step adds to the forest the lowest-weight edge that will not form a cycle. [ 2] The key steps of the algorithm are sorting and the use of a disjoint-set ...

  5. Utility maximization problem - Wikipedia

    en.wikipedia.org/wiki/Utility_maximization_problem

    Finding (,) is the utility maximization problem. If u is continuous and no commodities are free of charge, then x ( p , I ) {\displaystyle x(p,I)} exists, [4] but it is not necessarily unique. If the preferences of the consumer are complete, transitive and strictly convex then the demand of the consumer contains a unique maximiser for all ...

  6. Production–possibility frontier - Wikipedia

    en.wikipedia.org/wiki/Production–possibility...

    Production–possibility frontier. In microeconomics, a production–possibility frontier ( PPF ), production possibility curve ( PPC ), or production possibility boundary ( PPB) is a graphical representation showing all the possible options of output for two goods that can be produced using all factors of production, where the given resources ...

  7. Law of demand - Wikipedia

    en.wikipedia.org/wiki/Law_of_demand

    The law of demand, however, only makes a qualitative statement in the sense that it describes the direction of change in the amount of quantity demanded but not the magnitude of change. The law of demand is represented by a graph called the demand curve, with quantity demanded on the x-axis and price on the y-axis. Demand curves are downward ...

  8. Exponential growth - Wikipedia

    en.wikipedia.org/wiki/Exponential_growth

    Exponential growth is a process that increases quantity over time at an ever-increasing rate. It occurs when the instantaneous rate of change (that is, the derivative) of a quantity with respect to time is proportional to the quantity itself. Described as a function, a quantity undergoing exponential growth is an exponential function of time ...

  9. Cost curve - Wikipedia

    en.wikipedia.org/wiki/Cost_curve

    In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms optimize their production process by minimizing cost consistent with each possible level of production, and the result is a cost curve. Profit-maximizing firms use cost curves to ...