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Krishia Dianne Bendol
on Dec 13, 2024

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Only two companies, Intel and AMD, design the computer processors for the majority of laptops and desktops sold in the U.S. today. Intel and AMD operate in which type of competitive environment?

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

Oligopoly

An economic condition where a few firms dominate the market, influencing prices and availability of goods or services.

Computer Processors

The central component in a computer that performs the calculations and processing required to execute commands and run software.

Intel And Amd

Two leading semiconductor companies known primarily for manufacturing microprocessors and other related technology components.

  • Recognize and differentiate among diverse types of market rivalry.
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Ashley WellerDec 15, 2024
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