The Market for Microcomputers (PCs)is Fairly Competitive and the Products

question 41

Multiple Choice

The market for microcomputers (PCs) is fairly competitive and the products are somewhat homogeneous.Over time,new firms have entered the market to make profit on new configurations of the microcomputer,and profits

• A)have risen dramatically.
• B)have stayed the same for most firms.
• C)have become razor thin for many producers.
• D)have not influenced the decisions of the firms

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Definitions:

Floating-Rate Bonds

Bonds with variable interest rates that adjust periodically based on a benchmark or index rate.

Future Interest Rates

Future interest rates refer to the anticipated rates at which borrowers will be charged for loans or the return investors will earn on deposits, based on predictions.

Increase

A rise in the quantity or value of something, such as profits, revenue, weight, etc.

Put Provision

A clause in a bond or other security that allows the holder to force the issuer to buy back the security before its maturity date.