Multiple Choice
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 situation best describes this scenario?
A) endowment effects
B) endorsement effects
C) economies of scale
D) network externalities
Correct Answer:

Verified
Correct Answer:
Verified
Q180: Figure 10-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 10-6
Q181: Suppose the consumer's income increases while the
Q182: What happens to the absolute value of
Q183: If a consumer receives 22 units of
Q184: Which of the following is likely to
Q186: The endowment effect suggests that that people<br>A)have
Q187: A sunk cost is a cost that
Q188: Why do indifference curves have a negative
Q189: Some economists have suggested that network externalities
Q190: Figure 10-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 10-8