Some Economists Argue That Microsoft Became a Monopoly in the Market

question 13

Multiple Choice

Some economists argue that Microsoft became a monopoly in the market for computer software by developing MS-DOS, an operating system used for the first IBM personal computers.The more people who used MS-DOS-based programs, the greater the usefulness of a using a computer with an MS-DOS operating system.The explanation for Microsoft's monopoly is

• A)the development of new technology that other firms could not copy.
• B)control of a key resource which, in this case, is the MS-DOS operating system.
• C)network externalities.
• D)patents Microsoft obtained when it developed the MS-DOS operating system.

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Definitions:

Phenotypes

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Red Eyes

Refers to an eye color in some animals, resulting from the reflection of light in the eyes or lack of pigmentation.

Multiple Allele System

A situation in genetics where more than two alleles exist for a given gene within a population.

Gene

A unit of heredity made up of DNA that is responsible for a particular trait or function in living organisms.