Two firms make most of the chips that power a PC: Intel and Advanced Micro Devices. What

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Two firms make most of the chips that power a PC: Intel and Advanced Micro Devices. What makes the market for PC chips a duopoly? Sketch the market demand curve and cost curves that describe the situation in this market and that prevent other firms from entering.
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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