Microsoft and its operating system are often cited as an example of a company that grew into a monopoly through:

What will be an ideal response?

network externalities.

Economics

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What can explain the failure of relative PPP to hold in reality?

What will be an ideal response?

Economics

President Woodrow Wilson

(a) fostered the growth of government bureaucracy. (b) quickly returned the U.S. economy to a competitive market place. (c) remained neutral on the issue of whether the federal government should intervene in private market affairs. (d) mandated that Congress operate with a balanced budget.

Economics