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Throughout the 1980s, costs and prices continued to be driven down by: advanced circuit design and manufacturing, multi-function expansion cards, shareware applications such as PC-Talk, PC-Write, and PC-File, greater hardware reliability, and more user-friendly software that demanded less customer support services.
An artist's depiction of a 2000s-era desktop-style personal computer, which includes a metal case with the computing components, a display and a keyboard (mouse not shown). A personal computer, often referred to as a PC, is a computer designed for individual use. [1]
Building a computer at home is generally considered a cost-effective alternative to buying a pre-built one because it excludes the assembly labor cost. However, the total cost of building a computer can vary based on an individual's budget, the quality and availability of the parts used, and the discounts offered by mass production.
The history of the personal computer as a mass-market consumer electronic device began with the microcomputer revolution of the 1970s. A personal computer is one intended for interactive individual use, as opposed to a mainframe computer where the end user's requests are filtered through operating staff, or a time-sharing system in which one large processor is shared by many individuals.
A desktop computer, often abbreviated as desktop, [1] is a personal computer designed for regular use at a stationary location on or near a desk (as opposed to a portable computer) due to its size and power requirements.
Long-run average cost is the unit cost of producing a certain output when all inputs, even physical capital, are variable.The behavioral assumption is that the firm will choose that combination of inputs that produce the desired quantity at the lowest possible cost.
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