Microsoft is accused of which anticompetitive practice?
A. Interlocking directorates
B. Illegal “bundling” of products
C. Exclusive contracts
D. Predatory pricing
Answer: B
You might also like to view...
A downward shift in the Fed's reaction function is equivalent to:
A. an increase in the Fed's long-term target for inflation. B. a downward shift of short-run aggregate supply C. an upward shift of short-run aggregate supply D. a decline in the Fed's long-term target for inflation.
When the supply (curve) of a product increases,
A) suppliers change their plans. B) demanders change their plans. C) the price changes. D) all of the above occur. E) none of the above occur.
When nominal interest rates increase, the opportunity cost of holding money will ________, and the quantity of money demanded by households and firms will ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Consider a market with (inverse) demand p = 100 - 2Q. There are two firms in the market with constant marginal and average costs of $10
a. Determine the Cournot equilibrium quantities and price b. What would be the collusive (joint-profit maximizing) price and quantity? c. Derive the deadweight loss from (i) Cournot Dupoly, (ii) Collusion, and (iii) Perfect competition in this market with the two firms.