An advantage of Microsoft Windows is its compatibility with the widest range of hardware and software
The dominance of Windows is self-reinforcing: hardware and software manufacturers ensure that their products are compatible with Windows in order to have access to the large number of Windows users. Which principle best describes this scenario?
A) network externalities B) economies of scale
C) endorsement effects D) endowment effects
A
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Ceteris paribus, an increase in the U.S. demand for Greek goods in Figure 36.1 will
A. Result in a movement from M to R on the supply curve for dollars. B. Result in a movement from M to N on the demand curve for dollars. C. Make U.S. goods more expensive to Greek residents. D. Increase the dollar price of euros above $2 = 1 euro.
Identify the ways in which a bondholder's rights differ from those of a stockholder. In what ways do they differ when a firm is bankrupt?
What will be an ideal response?