What is the equilibrium, produce high-speed microprocessors

What is the equilibrium

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Reference no: EM133694898

Question: Suppose Microsoft can produce a new sophisticated software product. However, it wants to do so only if Intel produces high-speed microprocessors. Otherwise, the software will not sell. Intel, in turn, wants to produce high-speed microprocessors only if there is popular software on the market that requires high-speed processing. Is this a game of competition or coordination? What is the equilibrium?

Reference no: EM133694898

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What is the equilibrium : produce high-speed microprocessors only if there is popular software on the market that requires high-speed processing. Is this a game of competition

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