Topic: Examine the factors that determines the price of the computer in a free market.
In recent years the price of personal computers has continued to fall even in the face of increasing demand. Analysis with the aid of a diagram how this has occurred.
In this essay we are going to analyse the price of PC that has continued to fall even in the face of increasing demand. For better understanding we will use some diagrams as well.
First part of the analysis will discuss about the evolve of computer, its necessity.
Than second part will discuss about the market of PC, different factors and their analysis.
The third part will conclude all the factors and its final effect in the market and some real life example.
The computer is one of the wonders of modern technology. It has various uses; the influence of computers is universal. Computers are used in applications ranging from running a farm, diagnosing a disease, and designing to constructing and launching a space vehicle.
As computer is a multitasking device; it has many parts and each part is developed in different times;
Mechanical and electrical computing machines have been around since the 19th century, but the 1930s and 40s are considered the beginning of the modern computer era. The German Konrad Zuse's Z3 was the world's first working programmable, fully automatic computing machine. It was the first general-purpose digital computer; but the sizes of computers were huge; and difficult to handle, so people are looking for something comfortable and can be used in home and by individuals.
One early use of the term "personal computer" appeared in a November 3, 1962, New York Times, Development of the single-chip microprocessor was an enormous catalyst to the popularization of cheap, easy to use, and truly personal computers. The Altair 8800, introduced in a Popular Electronics magazine article in the January 1975 issue,
Apple II The micro that made it...