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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
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 very low for many producers. OR d) have not influenced the decisions of the firms. Which is correct a, b, c or d and why
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