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1. In what market did Microsoft have a monopoly in the late 1990s and early 2000s?
2. What technological advances threatened Microsoft's monopoly?
3. Why was AT&T given a monopoly in the telephone industry?
4. What was the resolution of the AT&T case?
An individual wishes to deposit an amount of money now and $100 every six months so that at the end of five years $1,500 will have been accumulated. With interest at 3.97% per year, compounded monthly, how much should be deposited now?
Alternitive A: $2,500 initial cost, 10 year economiclife, $500 salvage, $4,500 per year O & M. Buy a new oneevery 10 years Alternitive B: $3,500 initial cost, 20 year economiclife, $500 salvage, $4,000 per year O&M. Buy a new oneevery 20 years.
Compute the maximum throughput T for a pure ALOHA and a slotted ALOHA random access system, along with the load L that achieves the maximum in each case.
Practical Application: Foreigners are buying up hundreds of billions of dollars a year in American assets. In what ways should this be a matter of concern to Americans?
Explain the effect of the Internet on the degree of competition in the market. Explain how the Internet influences market efficiency. Calculate total revenue and marginal revenue at each quantity.
Read Eye on Retailers' Costs on p. 365 and draw a graph to show how the retailers' cost curves would change if they introduced cost-saving self-checkouts.
Consider a village money lender who lends to borrowers on a repeated basis and the interest rate that she charges is fixed at 10%. The loans are informal and are not backed up by written contracts. The lender has no way to recover a loan if the bo..
The InterCell Company wants to participate in the upcoming World Fair. To participate, the firm needs to spend $1 million in year zero to develop a showcase. The showcase will produce a cash flow of $2.5 million at the end of year one.
Effects of a Higher Fish Tax. In Figure 21.10 on page 454, suppose the fish tax is $2 per pound of fish instead of $1.
Suppose the inflation rate is expected to be 6.6% next year, 4.6% the following year, and 3.05% thereafter. Assume that the real risk-free rate, r*, will remain at 2.45% and that maturity risk premiums on Treasury securities rise from zero on very..
a)what is equilibrium level of national income using table above b)at the equilibrium level of national income what will consumption expenditure be c)at the equilibrium level of national income what will the levelof saving be
Why does this test have limited value?
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