What did the government claim Microsoft did to illegally extend its control over the market?
(A) It had used predatory pricing and required customers to buy other products.
(B) It had used predatory pricing to drive competitors out of business.
(C) It had used predatory pricing and mergers.
(D) It had used predatory pricing and formed a cartel with other companies.
Ans: (B) It had used predatory pricing to drive competitors out of business.
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The issue of fairness in taxes is a very controversial one. Compare and contrast both the ability-to-pay principle with that of the benefits received principle
What will be an ideal response?
Trade secret law ________ the owner from making any public disclosure about the trade secret and trade secret protection has a(n) ________ definition.
A) encourages; indefinite B) discourages; definite C) discourages; indefinite D) encourages; definite
Refer to the accompanying table below. The average cost of 5 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$2$122$6$223$12$304$20$365$30$406$42$427$56$43
A. $4 B. $6 C. $10 D. $8
Consider the accompanying payoff matrix.
If Row Resorts offers reduced rates, then Column Cruises would receive the highest payoff if it:
A. kept its rates high. B. choose either strategy because it will have the same payoff in either case. C. entered into a cartel with Row Resorts and agreed to jointly reduce rates. D. offered reduced its rates.