The rivalry between Intel and Advanced Micro Devices,who together account for the entire market for a specific type of computer chip,keeps prices _____and profits _____.

Question

Quizplus · Accepted Answer

The rivalry between two companies in a market typically leads to competitive pricing to attract consumers, which keeps prices low. At the same time, the competition can also lead to reduced profit margins for both companies, hence profits would be low.

The Rivalry Between Intel and Advanced Micro Devices,who Together Account