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The economic principle I’m exploring is: People gain when they trade voluntarily
My research question to help me study the economic principle is: How do consumers of computer parts know that they are getting the best price?
The article/video/etc published in “Digital Trends” titled Intel slash-and-burns processor prices ahead of AMD’s Ryzen CPU launch demonstrates this economic principle because it argues/shows how the producers of processors, whether it be the main two or smaller ones, play off of each other to keep the market healthy and competitive.
First, Intel’s I7 processor line has been on the market since early 2017, and had no real competition that could come close to the power of the I7’s essentially giving them a free monopoly. So with the release of AMD’s new Ryzen line having almost identical capabilities, exceeding that of even the I7 by just a tad bit, the competition is starting to heat up.
Second, because of the new AMD line being pretty much the same as the Intel I7’s with a lower price this has caused Intel to lose their mind and lower the prices of all of their I7’s by as little as $30 to as much as $300.
Third, which ever you decide to go with, whether it be AMD or Intel, all depends entirely on one thing, and Coincidentally enough it happens to be the next topic I’m researching: motherboards.
In my next blog post I will research: Motherboards
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