Only Two Companies, Intel and AMD, Design the Computer Processors

question 48

Multiple Choice

Only two companies, Intel and AMD, design the computer processors for nearly every laptop and desktop sold in the U.S. today. Intel and AMD operate in which type of competitive environment?

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

---

Definitions:

Philanthropic

Pertaining to or characterized by the desire to promote the welfare of others, expressed especially by generous donations of money to good causes.

Legal

Pertaining to the law or the system of rules that are enforced through social institutions to govern behavior.

Unethical Acts

Actions that violate moral or ethical principles, often in a professional or organizational setting.