Question: Apple purchased Intel microprocessors for use in its devices for many years. Recently, they started using different microprocessors in laptops, desktop computers, and the iPad

 Apple purchased Intel microprocessors for use in its devices for many

Apple purchased Intel microprocessors for use in its devices for many years. Recently, they started using different microprocessors in laptops, desktop computers, and the iPad Pro. Apple designed and developed the new chips themselves, but they partner with a manufacturer in Asia to produce the microprocessors. Using Transaction Costs, describe why Apple likely made this decision. You should discuss the costs associated with using Intel chips and the costs associated with the new chips, as well as other considerations related to transaction costs. Do not assume that you know why Apple did this. Using Transaction Costs, discuss the possible theoretical reasons why this decision could have been made

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