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Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market power for Microsoft in the software industry? Explain your answer.
A potential entrepreneur is trying to decide whether to open a new health spa. she presently makes $35,000 per year as an aerobics instructor and will have to give up this job if she opens the new health spa.if she chooses to open the spa,it will cos..
Most U.S. and some European airlines now impose additional charges for everything but a seat on the flight. Specific seat selection, baggage, beverages, and nearly every amenity that was once included in the ticket price is now a source of “ancillary..
You make an investment of $12,000 in an account with an APR of 6% compounded monthly. (A) What is the balance in this account after 8 years? (B) If, after this initial 8 year period, you wish to make equal withdrawals at the end of each year for 5 ye..
If there are three firms in an industry with market share of 55%, 20%, 15%, and 10%. What would be the HHI index for this industry? How would you classify this market?
Suppose you just returned to Albuquerque from a trip to the United Kingdom. You were really impressed with the rail system but it seemed to be much more expensive than the Rail Runner. What is the real difference in the cost of the Rail Runner in the..
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3,738 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..
The future of cities in the united states and in other countries will be determine by their abilities to benefit from the _____________ and to minimize or counterbalance the __________________.
Identify the most important obstacle that makes the retail market of canned soft drinks not perfectly competitive and suggest ONE government policy to enhance market efficiency by promoting the competition in retail market of canned soft drinks.
A price searcher maximizes his revenue (from a given output) by selling identical units of output at the same price to all customers, for if she sold identical units at different prices to different customers, it would be possible to increase the rev..
Comment about substitution effect and income effect when price of good one alone decreases if the goods are perfect substitutes.
In 1990, the Supreme Court of the United States found which Texaco had indeed violated antitrust law. Which law do you think Texaco was found guilty of violating.
What steps should multinational companies take to ensure that their subcontractors are behaving in an ethical manner? How should companies make human rights issues part of their overall policy?
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