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4 March, 02:59

Antel and imd both produce similar computer chips and the two companies dominante this

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  1. 4 March, 06:31
    0
    Below are the choices that should accompanied your question above:

    Because they can both charge more for the product at the given level of production

    Because it will restrict the supply of computer chips

    Because overall demand for computer chips will increase

    Because the firms' marginal costs increase as output increases

    I think the answer is the first one.
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