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Q. DB - Does Microsoft Have a Monopoly Over Operating Systems?:
Former Dean of the Sloan School of Management at Massachusetts Institute of Technology is Professor Richard Schmalensee, while it may have a large market share, is not acting like a monopolist. In scrupulous, it is not exercising its market power. His basic argument is that the present cost of Windows 98, of around US$200, is far less than the cost Microsoft could charge if it did, indeed, have a monopoly over operating systems (OS).
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost? What factors might be diluting its market power?
See if you can come up with good rationales for Microsoft's lower than expected windows pricing.
What is the elasticity of supply in that range of the supply curve? How much tax revenue does the government collect?
Assume Arturo is willing to trade 6 burritos to Dina for each 10 tacos which Dina produces also send to Arturo.
what was equilibrium price of a box. Is this long run equilibrium price. how many firms are in this industry when it is in long run equilibrium.
Does the law of diminishing marginal returns apply to this firm's production process. If so, explain why and find the quantity of labor at which diminishing marginal returns.
For theEssay, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course.
Suppose instead that use of the Sonoma county buy local currency is completely voluntary. Who is the most likely to use this currency.
Sophie knows nothing about any of this. Can Tasty Foods be convicted of a crime in se circumstances. Can Sophie be held personally liable.
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
Calculate the percentage change in nominal GDP, real GDP and the GDP deflator in 2009 and 2010 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
Illustrate what can we say about the elasticity of demand for Larissa's legal services. Elucidate which is consistent with the direction of these shifts
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
q.in the wake of the energy crisis in california many electricity generating facilities across the nation are
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