Some Economists Argue That Microsoft Became a Monopoly in the Market

question 49

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 using a computer with an MS-DOS operating system became.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:

Introspection

The examination of one's own conscious thoughts and feelings, used in psychology to explore the structure of the mind.

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An approach in psychology that emphasizes mental processes such as perception, memory, and problem solving as the principal objects of study.