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Only Two Companies, Intel and AMD, Design the Computer Processors

Question 48

Multiple Choice

Only two companies, Intel and AMD, design the computer processors for nearly every laptop and desktop sold in the U.S. today. Intel and AMD operate in which type of competitive environment?


A) a monopoly.
B) a diopoly.
C) a pure competition.
D) an oligopoly.
E) a monopolistic competition.

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