Question

The Solid State Drive (SSD) is revolutionizing personal computer (PC), laptop and notebook mass storage. The SSD is fast, efficient, and has no moving parts. However, their cost per gigabyte of storage is a couple of times more than that of the old traditional mechanical spinning hard drive. It is likely over time that the demand for spinning hard drives will ______________ and the demand for SSDs will ________________. The options are increase or decrease.

Answer 1

• It is more likely overtime that the demand for spinning hard drives will decrease and the demand for SSDs will increase.
• SSD provide faster storage and better performance benefits than the traditional hard disk drives but they are relatively costly when compared to the hard disk drives.
• But still the demand for SSDs is high when compared to hard disk drives as it has more benefits and people prefer it more than the traditional storage devices.
• This shows that the demand fo a SSD is relatively inelastic as its demand does not respond to the change in prices.