Final answer:
The statement linking Moore's Law to the cost of data communications and storage being zero is false. While Moore's Law has significantly reduced costs, it has not eliminated them entirely.
Step-by-step explanation:
The statement 'Because of Moore's Law, the cost of data communications and data storage is essentially zero' is false. Moore's Law refers to the observation made by Gordon Moore, co-founder of Intel, that the number of transistors on a microchip doubles about every two years, though the cost of computers is halved. While it's true that Moore's Law has led to rapidly decreasing costs in computing power and increased capabilities for data communications and storage, the costs are not zero. There is still a cost associated with producing the hardware and the infrastructure needed to store and transmit data. Furthermore, while the cost of these technologies has dramatically decreased, they are subject to market demand, material costs, labor, and energy costs, among other factors.