Microsoft was charged with violating the antitrust laws not because it had a virtual monopoly in the form of its Windows operating system, but because it acted like a monopolist in trying to control the market for certain software applications

Indicate whether the statement is true or false


TRUE

Economics

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The table above shows the marginal costs and marginal benefits of college education. If 20 million students are enrolled, the marginal external benefit is

A) zero. B) $4,000. C) $5,000. D) $7,000.

Economics

By hedging a portfolio, a bank manager

A) reduces interest-rate risk. B) increases reinvestment risk. C) increases exchange-rate risk. D) increases the probability of gains.

Economics

Firms in an oligopoly market tend to have strategies that are ____ and have ____ barriers to entry. a. Independent of one another; high

b. Independent of one another; low. c. Interdependent with one another; high. d. Interdependent with one another; low

Economics

Which of the following activities would fall under the leisure category in labor-leisure indifference curve analysis

a. cutting your own lawn. b. cleaning your own garage. c. neither a or b. d. both a and b.

Economics