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1. Why was Microsoft willing to spend billions of dollars to fight antitrust suits?
2. The case mentioned in the article on Blackboard was finally settled in 2002 with the final outcome in 2011. What eventually happened to Netscape and Java? Hint: You will need to look up more recent articles.
3. What argument could you use to support the statement "Windows operating system no longer has a monopoly"? Again, find a recent article.
4. Does Internet Explorer now have a monopoly in the browser market?
The economy is in recession with high unemployment and low output. What fiscal policy should be pursued in this instance-expansionary or contractionary? What will be the effect of the appropriate policy on aggregate demand?
What is the immediate effect of the increase in demand on the price and quantity of yellow corn? Yellow corn and white corn (the key ingredient in corn tortillas) are substitutes in production. As a result of the changes in the market for yellow corn..
An energy drink company is interested in advertising during a made-for-television movie using subliminal advertising in which logo images are shown only very briefly, for periods of just several milliseconds at a time. Which of the following is the s..
You have taken a mortgage to buy a warehouse. The mortgage amount is $450,000 and you have the following loan terms: 8% APR compounded semiannually, monthly payments, and an amortization period of 6 years. After two years you’re curious how much each..
While tariffs and quotas have declined drastically under GATT and the WTO, nontariff barriers have been on the rise. Why would countries use nontariff barriers to distort natural trade patterns? Are there situations when the use of nontariff barriers..
The EU recently admitted the Eastern European countries. How do you assess the impact of the EU's expansion? What are the costs and benefits of the expansion for the U.S. economy?
In 1996 dairy farmers, hurt by a decade of low milk prices, began reducing their herds. Subsequently Kenneth Hein, a Wisconsin farmer, said he was getting $16 per 100 pounds of milk, rather than $12, which he had gotten earlier. Why did the price inc..
As asset is purchased in September and is being depreciated over 7 years using MACRS 200% Declining Balance depreciation switching over to Straight Line Depreciation, witht he mid month convention. In what year should the depreciation method be switc..
Suppose the demand for a chemical is given by Q=100-3P, where quantity is measured in pounds. The market supply is given by MC = 6. Assume the social marginal cost of this product is $8 per unit. a. Find the competitive equilibrium and the level of m..
As a result, price of Domino's pizzas fell from $8 a pie to $2 a pie following week. Quantity of pizzas demanded soared following week from 1 pie an hour to 100 pies an hour. What was price elasticity of demand for Domino's pizza.
step by step all work shown answer and please show all calculations and how you got answer and make it very detailed all work shown please.
Suppose real GDP is $100 billion below potential and the government implements an expansionary fiscal policy with the intention of eliminating the output gap. The fiscal policy consists of a $100 billion increase in government purchases and a $100 bi..
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