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1) In the well known case of United States vs. Microsoft, the US Department of Justice alleged that Microsoft abused "monopoly power" when it bundled its Internet Explorer Browser with its Windows Operating System.
2) Based on your Internet research, write an analysis of 750-1,000 words on the merits of the DOJ's antitrust case against Microsoft and the company's defense.
3) Describe which market participants you believe benefited from the final court decision and whose interests were harmed.
Illustrate what matters is not the absolute abundance of factors, but their relative abundance. Poor countries have an abundance of labor relative to capital when compared to more developed countries.
Assume to latest discoveries in biochemistry significantly lengthen our life expectancy. Illustrate what is the impact on the educational attainment of workers
If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest.
if people never withdraw cash from banks, what how much money could the banking system potentially create.
What is the expected value and standard deviation of the safest investment strategy you can make by this means. What is the highest expected value you can achieve.
The vertical long run AS curve compatible with classical economics implies that AD only determines the price level
The biggest difference between Microsoft and software retailers is the market structure in which they operate.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.
Demonstrate provide/demand curves also equilibrium for the USA, assuming no imports.
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