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Assignment:
Microsoft has been one of the many examples of monopoly power over the years.
Microsoft Antitrust WMV
From the Microsoft anti-trust case, is monopoly is good or bad for the economy, consumers, competitors?
Provide a link to an article or video and describe an example of a monopoly firm and its product you know. Is the market "international," "national," "regional," or "local"? Indicate at least one of the following characteristics of a monopoly firm: only one firm in the market, close to a 100 percent market share of the firms in a market, blockaded entry or high barriers to entry, existence of economies of scale, product that is unique when compared with anything produced by anyone else, the lack of substitutes or foreign competition.
Opinion, how should/shouldn't the government regulate this monopoly firm? Justify your answer.
Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages.
Florida's growers are shipping only a quarter of their usual 5 million pounds a week. The price has risen from $6.50 for a 25- pound box a year ago to $30 now. Source: USA Today, March 3, 2010, Make a graph to illustrate the market for tomatoes in..
what are the highest and lowest payment from the writer that beekeeper farmer team will accept for the sixth day?
Use the dynamic aggregate demand and aggregate supply model to show where the Reserve Bank of India expected the country's economy to be in 2013 without the interest rate cut, and indicate what the central bank is trying to achieve with the intere..
Define depository institution, and discuss types of depository institutions are found in the U.S. and how do they act as intermediaries between savers and borrowers?
determines demand and, in turn, demand determines prices - supply and demand determine prices and, in turn, prices allocate scarce resources.
What is an instrumental variable and Angrist and Krueger use quarter of birth as an instrument for education and explain why quarter of birth may affect education
Analyze two of the four consequences of behavior, and illustrate an incidence where a combination of those two would occur together.
Here's a quote from Fed head Janet Yellen on at a meeting in Cleveland on July10 this year. (see www.federalreserve.gov then click news and events...Regarding inflation, as I mentioned earlier, the recent effects of lower prices for crude oil andfor ..
Sell the entire inventory for $850 cash. Prepare a balance sheet. Where is the retained earnings in terms of relationships within the balance sheet?
demand curve and its cost curves, show the price and quantity combinations favored by each of the three partners. Explain by using formula
What were the major differences between the 1920s and the 1930s? How did the end of WWI affect the U.S. economy? Grossmont College.
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