Terms

  1. Home
  2. Terms
  3. Wright's Law
Wright's Law

Wright's Law

Wright’s Law claims that for every cumulative doubling in units produced, costs decline at a consistent rate. It requires an understanding of the price elasticity of demand, or how much demand will respond to future price declines.

Terms

Moore's Law

Mentioned by the Following

Entities

ARK Investment Management

Industries

Semiconductors

People

Cathie Wood

Wright's Law is a relative of Moore's Law, but it is a function of units, whereas Moore's Law is a function of time.

It has been helpful in forecasting growth in the semiconductor industry—more so than Moore's Law.

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

Copyright Finnotes.org © 2018 - 2020