Microsoft's success over Apple although Apple had a technologically superior product is the result of:
a. increasing returns in a network-based business
b. Microsoft's economies of scale over a wide range of output
c. the revenue sources derived from Microsoft's intellectual property
d. superior marketing and promotions
e. all of the above
a
Economics
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Assume the graph shown shows Bobbi's budget constraint. If hairbands cost $5, then Bobbi's income to spend on these two items must be:
A. $8. B. $40. C. $6. D. Cannot be determined without more information.
Economics
If the federal government were to offer larger tax breaks on the purchase of new equipment for businesses, all other factors constant, we would expect to see the:
A. bond supply curve shift left. B. bond supply curve shift right. C. bond demand curve shift left. D. bond demand curve shift right.
Economics