Questions

As you move down, the numbers represent multiples of 12,subtracting 1 for the first step,adding 2 for the second, subtracting 3 for the third, adding 4 for the next ect.ect

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

"CD-ROM is a semiconductor memory" is a FALSE statement.

Compact Disc-Read-Only Memory, a type of optical disk capable of storing large amounts of data -- up to 1GB, although the most common size is 650MB (megabytes). A single CD-ROM has the storage capacity of 700 floppy disks, enough memory to store about 300,000 textpages.

Semiconductor memory is a type of semiconductor device tasked with storing data. There are two electronic data storage mediums that we can utilize, magnetic or optical.

Magnetic storage:

* Stores data in magnetic form.

* Affected by magnetic fields.

* Has high storage capacity.

* Doesn't use a laser to read/write data.

* Magnetic storage devices are; Hard disk , Floppy disk, Magnetic tape etc.

Optical storage:

* Stores data optically, uses laser to read/write.

* Not affected by magnetic fields.

* Has less storage than a hard disk.

* Data accessing is high, compared to a floppy disc.

* Optical storage devices are; CD-ROM,CD-R, CD-RW, DVD etc.

There is also volatile memory. This is memory that loses its data once power is cut off, while non-volatile memory retains data even without power.