Intel was able to gain a significant cost advantage over its competitors in the production and sale of microprocessors because of
A) capital requirements.
B) product differentiation.
C) switching costs.
D) economies of scale.
E) access to distribution.

Question

Quizplus · Accepted Answer

Intel was able to gain a cost advantage due to economies of scale, which meant that as the company produced more microprocessors, the cost of producing each individual chip decreased. This allowed Intel to sell their products at lower prices than competitors without sacrificing profit margins.

Intel Was Able to Gain a Significant Cost Advantage Over