Some Economists Argue That Microsoft Become a Monopoly in the Market

question 240

Multiple Choice

Some economists argue that Microsoft become 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:

Intentional Disregard

Refers to the deliberate overlooking or violation of a rule or standard, particularly in legal contexts.

W-3 Transmittal Form

A tax document used in the U.S. to summarize the total earnings, Social Security wages, Medicare wages, and withholding for all employees for a year, accompanying the W-2 forms sent to the IRS.

Correct TIN

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W-9

An IRS form used by individuals to provide their taxpayer identification number to entities that will pay them income during the tax year.