The Rivalry Between Intel and Advanced Micro Devices,who Together Account

question 149

Multiple Choice

The rivalry between Intel and Advanced Micro Devices,who together account for the entire market for a specific type of computer chip,keeps prices _____and profits _____.

• A)high; low
• B)low; low
• C)high; the same
• D)the same; high
• E)the same; the same

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Definitions:

Usury Statutes

Laws that set maximum interest rates that lenders can charge borrowers.

Interest Rates

The cost of borrowing money expressed as a percentage of the sum borrowed, or the return earned on invested funds, often influencing economic activity and financial decisions.

Credit Card Transactions

Financial activities conducted using a credit card, such as purchases, cash advances, or payments.

Illegal Contract

A contract that is void and unenforceable from its inception because it involves activities that are against the law or public policy.