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Most CPUs today are ____________________ CPUs; that is, CPUs that contain the processing components or cores of multiple independent processors on a single CPU.
Marginal Cost
The extra expense associated with manufacturing an additional unit of a product or service.
Cartel
An agreement among competing firms to control prices or exclude entry of a new competitor in a market.
Marginal Cost
The change in total cost that arises when the quantity produced is increased by one unit.
Perfectly Competitive
A market structure where many firms sell identical products, entry and exit are easy, and no single seller can influence the market price.
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